
In a Facebook post on Thursday (September 10, 2026) morning, he said: "Today's media reports contain fresh, absurd claims related to the ED investigation. If the report leaked by the ED indeed includes such allegations, it is a fabricated story deliberately concocted to assassinate my character. The leaked news claims that I admitted to these matters before the ED; this is an outright lie. "

The post comes against the backdrop of a media report that claimed, quoting a recent letter written by the ED to the State Police Chief (SPC), that Mr. Riyas "illegally" amassed ₹20.5 crore and "diverted" a portion of this wealth to Dubai to "set up a business unit there". This "revelation" is reportedly part of the agency's detailed report on September 7 to the SPC seeking registration of a separate FIR under the Prevention of Corruption Act and other relevant laws against Leader of the Opposition Pinarayi Vijayan, and his daughter and Mr. Riyas' wife, T. Veena, in the Exalogic-Cochin Minerals and Rutile Ltd. pay-off case.

While Mr. Vijayan has termed the ED request as “a shameful subversion of the criminal justice system for political motives”, the United Democratic Front-led State government has decided to examine its legal aspects.
