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KIIFB has plunged Keralam into severe financial crisis, says Keralam Chief Minister VD. Satheesan
After tabling the report of the expert committee headed by former Planning Commission Member-Secretary Sudha Pillai in the Assembly, he says government will examine the report and consider ordering an investigation, adding that the transactions of the KIIFB, which the previous LDF government used as a special purpose vehicle to finance major infrastructure projects, had resulted in “huge losses” for the government