THIRUVANANTHAPURAM: E Sreedharan recently alleged that KIIFB has done the most harm to Kerala. He had alleged that KIIFB was carrying out the construction work on credit and asked who would pay for it. Every Keralite has a debt of Rs 1.2 lakh through this, he said. To this, the board responded through its official Facebook page.

KIIFB replied that the allegation is merely a misunderstanding of the board's intentions and how KIIFB works under the KIIFB Act. The reply states that the board borrows in compliance with all existing standards in this sector in this country. The board also asked if any of the projects he led, such as the Konkan Railway, the Delhi Metro and the Kochi Metro, were completed without borrowing.