Why only Kerala being probed by ED? KIIFB to Kerala High Court in Masala Bonds case

KIIFB told the Court today that Kerala was being singled out by ED while other States which had issued similar bonds were not being investigated.
Dr. Thomas Isaac, Kerala Infrastructure Investment Fund Board (KIIFB) and Kerala HC
Dr. Thomas Isaac, Kerala Infrastructure Investment Fund Board (KIIFB) and Kerala HC

The Kerala Infrastructure Investment Board (KIIFB) on Thursday told the Kerala High Court that only the Reserve Bank of India (RBI) can investigate any irregularities in the Masala Bonds issued by it and not the Enforcement Directorate (ED).

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