'No irregularities in KIIFB'; Thomas Isaac hits back at Chennithala

THIRUVANANTHAPURAM: Finance Minister Thomas Isaac has come out with a reply to opposition leader Ramesh Chennithala's questions regarding alleged corruption and irregularities in KSEB’s TransGrid project which is being funded by KIIFB.

According to Isaac, the opposition leader is raising baseless allegations about the project. He said that the KIIFB was established as a means to prevent corruption. "There are no irregularities in KIIFB. No one is preventing CAG audit at an organization funded by the government," he added. The finance minister was speaking at a press conference held in Thiruvananthapuram.

Isaac added that the Delhi schedule of rates was opted while Chennithala served as the minister. "During the period between 2013 and 2016, the tenders issued by KSEB were 50% higher while the TransGrid tender was just 20% higher. This shows that Chennithala is raising childish accusations," he said. He also took a dig at the opposition leader by pointing out the pathetic condition of the roads and bridges built during the time of the UDF government. He further added that there will not be any irregularities in KIIFB as stop memos were issued to 12 KIIFB projects after proper investigations.