---
title: "Pinarayi Vijayan’s Daughter Veena Linked to Kozhikode-Based Firm; Riyas Discloses ₹10.94 Lakh Investment"
english_title: "Veena Vijayan’s Kozhikode Firm Under Scrutiny; Riyas Discloses ₹10.94 Lakh Investment"
publisher: "Truevision English News"
canonical_url: "https://english.truevisionnews.com/news/379268/veena-vijayan-kozhikode-company-riyas-10-94-lakh-investment"
published_at: "2026-08-20T07:09:00+05:30"
category: "Kerala"
language: "en"
image: "https://cf.zdn.im/img/truevisionnews.com/0/image-uploads/6a865b5233ff5_veena-vijayan-kozhikode-company-riyas-10-94-lakh-investment.jpg"
keywords: ["Pinarayi Vijayan", "Veena Vijayan", "P A Mohammed Riyas", "Exalogic", "ED Investigation"]
---

# Pinarayi Vijayan’s Daughter Veena Linked to Kozhikode-Based Firm; Riyas Discloses ₹10.94 Lakh Investment

> **Lead Summary:** **Kozhikode: **Amid allegations by the CPI Politburo member Pinarayi Vijayan, have come under scrutiny in Kozhikode. Her husband and former minister P.A. Mohammed Riyas has also disclosed an investment of ₹10.94 lakh in the firm, according to his election affidavit.

## Article Content

**Kozhikode: **Amid allegations by the CPI Politburo member Pinarayi Vijayan, have come under scrutiny in Kozhikode. Her husband and former minister P.A. Mohammed Riyas has also disclosed an investment of ₹10.94 lakh in the firm, according to his election affidavit.

The company in question is Laker India Corp, a partnership firm established in Kozhikode in 2023. According to official records, Veena Vijayan is the managing partner of the two-member partnership. She is also listed as the authorised signatory with responsibility for carrying out the firm’s official transactions.

Kozhikode native Anees Kodambiyath Arayakkal is the other partner in the firm. Although he is listed as an equal partner, documents reportedly indicate that Veena has wider operational powers. These include handling the company’s bank accounts, filing returns and signing documents and agreements on behalf of the firm before government departments.

However, questions have reportedly been raised over the physical presence of the company at the address mentioned in official records. There are claims that no regular office activity is visible at the premises and that people living or working in the surrounding area are not aware of a company operating there.

Local residents reportedly said that, apart from occasional visits by a few people, they had not noticed regular business activity at the location. At the same time, official procedures relating to the firm, including GST-related filings, are reportedly being carried out, with returns submitted up to July.

The apparent lack of a regularly functioning office or visible employees has led to questions about the nature of the company’s operations. However, whether the firm qualifies as a shell company or whether there is any wrongdoing has not been established based on the information available.

Mohammed Riyas, who is also Veena Vijayan’s husband, has reportedly disclosed his investment in Laker India in the affidavit submitted in connection with the 2026 Kerala Assembly election from Beypore. The investment, amounting to ₹10.94 lakh, is mentioned in the section of the affidavit dealing with investments in companies.

> The details of Laker India have come to attention amid the Enforcement Directorate’s investigation into the alleged payments involving Veena Vijayan’s other company, Exalogic. The investigation is connected to the controversy surrounding alleged payments, commonly referred to as the “monthly payment” or “masappadi” case.

The latest developments have once again brought scrutiny on Veena Vijayan’s business interests and the financial disclosures made by Mohammed Riyas. Further details regarding the firm’s operations, ownership and financial transactions are expected to emerge as scrutiny continues.

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- [Original Story Source](https://english.truevisionnews.com/news/379268/veena-vijayan-kozhikode-company-riyas-10-94-lakh-investment)