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NationalThursday, 28 May 2026·The Hindu - National

ED action in Exalogic-CMRL case: ₹18.36 crore frozen and 242 bank accounts attached

ED froze ₹18.36 crore and 242 bank accounts in the Exalogic-CMRL pay-off case after raids in Kerala and Bengaluru.

Key highlights

Direct fact

In May 2026, the Enforcement Directorate (ED) froze ₹18.36 crore and 242 bank accounts in the Exalogic-CMRL pay-off case after simultaneous searches at 10 locations in Kerala and Bengaluru.

Key specifics

  • ED action covered 10 premises across Kerala and Bengaluru on Wednesday.
  • ₹18.36 crore was frozen by the Enforcement Directorate in the case.
  • As many as 242 bank accounts were attached/frozen during the probe.
  • The case is linked to Exalogic and CMRL, making it a corporate-pay-off investigation.
  • Documents relating to investments and fixed deposits were reportedly seized during the raids.

Exam lens

Question type: Economy-governance current affairs, agency-action fact recall; key facts: ED, ₹18.36 crore, 242 bank accounts, 10 locations, Kerala and Bengaluru. TNPSC one-liner: Which central agency froze ₹18.36 crore and 242 bank accounts in the Exalogic-CMRL pay-off case?

EDbank accountsKeralaBengaluruinvestigation
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