Thu Dec 18 09:25:24 UTC 2025: Here’s a news article summarizing the provided text:

Kerala High Court Stays ED Proceedings Against Chief Minister Vijayan and Others in Masala Bond Case

KOCHI, December 18, 2025 – The Kerala High Court has granted a three-month stay on all proceedings stemming from an Enforcement Directorate (ED) show-cause notice issued to Chief Minister Pinarayi Vijayan, former Finance Minister Thomas Isaac, and KIIFB CEO K.M. Abraham. The notice concerned the use of funds raised by the Kerala Infrastructure Investment Fund Board (KIIFB) through masala bonds for infrastructure projects within the state.

The stay order, issued today, followed a joint petition filed by the three individuals challenging the ED’s notice, which was issued a month prior. The notice had specifically targeted Chief Minister Vijayan in his capacity as the Chairman of KIIFB.

The court stated that the stay on proceedings already in effect for KIIFB itself would extend to the Chief Minister and the other petitioners involved in the case. The matter is now scheduled for a hearing in January.

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