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NDTV·4 min read·hard

Court Refuses To Stay Probe Into 'Diversion' Of Rs 133.84 Crore By Trinamool

S
Sreyashi Dey
Court Refuses To Stay Probe Into 'Diversion' Of Rs 133.84 Crore By Trinamool
✦AI Summary

The Calcutta High Court has refused to stay an Enforcement Directorate investigation into the Trinamool Congress party's funds regarding alleged money laundering. The ED claims that over Rs 133 crore was diverted through various bank accounts.

Why it matters

The case involves high-stakes political corruption allegations and the scrutiny of party funding mechanisms.

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The Calcutta High Court has refused to stay an Enforcement Directorate (ED) investigation into the Trinamool Congress's party funds.On June 23, the ED registered an Enforcement Case Information Report (ECIR) based on an FIR lodged by the Bidhannagar Cyber Crime Police, alleging money laundering through the party's funds. The ED told the court that the Trinamool Congress has 36 bank accounts, of which six have been frozen as part of the investigation."Enforcement Directorate has frozen only six accounts, but there are several other accounts in the name of the petitioner No 1 (TMC) which have not been frozen. He further submits that it is not the case of the petitioners that these are the only three accounts of the petitioners and there are no other accounts. Mr ASGI submits that there are other 36 accounts in which an amount of Rs.

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