![[Masala Bond Case] "Nothing could have Happened at KIIFB Without Approval of Thomas Isaac": ED to Kerala HC](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/07/image-2024-07-17T215543.224.png?resize=447%2C367&ssl=1)
Today, On 17th June, the Enforcement Directorate revealed to the Kerala High Court that all actions at KIIFB, especially concerning masala bond funds, would have had Thomas Isaac’s endorsement. The ED is investigating alleged irregularities and FEMA breaches in the masala bond issuance and use. The case is scheduled for a hearing on July 19.
