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?