Thiruvananthapuram: The MoU signed between Kerala Shipping and Inland Navigation Corporation (KSINC) and U.S firm EMCC International India Pvt Ltd on deep-sea fishing has been cancelled.
The Rs 2,950-crore project had courted a controversy after Opposition leader Ramesh Chennithala alleged corruption in the deal.
The government also decided to investigate into the situation in which the MoU was signed.
Home Secretary T.K Jose is in charge of the investigation.
Responding to the allegations, the chief minister had recently hinted that Opposition leader accessed certain documents pertaining to the project through KSINC managing director N. Prasanth.
The officer was Ramesh Chennithala’s private secretary when he was the Home minister in the previous UDF government.
Fisheries Minister J. Mercykutty Amma has reportedly sought action against Prasanth. The minister also raised concern over proceeding with the project which may lead to protest by the fisherfolk.