Sasidharan Kartha & Cochin Minerals and Rutile Limited

Sasidharan Kartha: Founder and former MD of CMRL, admitted to orchestrating the misappropriation scheme and making payments to Veena Thaikkandiyil.

Cochin Minerals and Rutile Limited: CMRL is the company at the center of the alleged money laundering scheme, facing potential asset attachment and reputational damage.

Sasidharan Kartha: Sasidharan Kartha is the Managing Director of Cochin Minerals and Rutile Limited and has been named as an accused by the India — Serious Fraud Investigation Office. His family members have also been questioned by the India — Enforcement Directorate.

Cochin Minerals and Rutile Limited: Cochin Minerals and Rutile Limited is a India — Kerala-based company at the center of the money laundering investigation, accused of making illegal payments to Exalogic Solutions. The company's plea to quash the India — Enforcement Directorate probe was dismissed by the India — Kerala High Court.