Controversy Surrounding Exalogic Veena’s Services to Black Sand Mining Company
Thodupuzha – A Financial Mystery Unveiled
In a surprising turn of events, concerns have been raised regarding the nature of software development carried out by Exalogic Veena, a prominent IT services provider in Thodupuzha. The company, known for its expertise in the educational sector, has come under scrutiny for allegedly providing services to a black sand mining company. This revelation has sparked confusion among industry experts and raised questions about the sustainability of Exalogic Veena.
The matter was brought to light by Mathew Kuzhalnadan, an influential legislator, who sought clarification from the company regarding the IT services offered to the black sand mining company. Expressing bewilderment, he questioned the correlation between education-focused software development and the operations of a mining venture. Adding to the confusion, Exalogic Veena recently announced the closure of its operations, resulting in a significant loss of Rs 73 lakhs.
Despite these revelations, the Communist Party of India (Marxist) remains tight-lipped and unresponsive to any inquiries related to the matter. Mathew Kuzhalnadan further urged Pinarayi Vijayan, the Chief Minister, to disclose the company from which his daughter received funds and the nature of services offered in return.
As the scrutiny around Exalogic Veena and its services deepens, the question of survival for this company looms large. Industry experts and stakeholders have expressed their concerns, perplexed by the alleged association between educational software development and the operations of a black sand mining company. The lack of transparency surrounding Exalogic Veena’s closure and the financial implications involved only add to the intrigue.
Thodupuzha ∙ It was stated in the audit that software development related to education is being done. Mathew Kuzhalnadan MLA asked what IT services Exalogic Veena provided to the black sand mining company. The black sand company does not understand what education has to do with it. And Exalogic closed its operations with a loss of Rs 73 lakhs. How does this company survive?
CPM does not respond to any inquiries. Mathew also asked Pinarayi Vijayan to be prepared to reveal the company his daughter received the money from and what services were provided.
English Summary: Why Educational Software for a black sand company says Mathew Kuzhalnadan
#Educational #Software #Black #Sand #Company #Kuzhalnadan
