The Enforcement Directorate (ED) freezes bank deposits worth about Rs 440 crore linked to accounts associated with the Trinamool Congress in an ongoing money laundering probe, according to reports from Swarajya and The Times of India. The action targets deposits held in HDFC Bank accounts connected to the political party, as part of the ED’s investigation into alleged financial wrongdoing. The ED’s freeze order restricts the use of the identified funds while the probe continues. The reporting describes the freeze as a measure taken under the money laundering framework to preserve assets potentially involved in the case. Details on the specific allegations, the timeline of the investigation, and the exact accounts affected are not provided in the excerpts shared by both outlets. Both sources characterize the development as an ED action involving bank deposits and note the approximate quantum of Rs 440 crore, with the freeze affecting Trinamool Congress-linked HDFC accounts. The matter remains under investigation.
ED freezes Rs 440 crore in Trinamool Congress-linked HDFC Bank deposits
The Enforcement Directorate (ED) freezes bank deposits worth about Rs 440 crore linked to accounts associated with the Trinamool Congress in an ongoing money laundering probe, according to reports fro...
2 sources
9 hours ago
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Key Points
- The ED freezes deposits worth about Rs 440 crore in connection with a money laundering probe.
- The frozen funds are linked to accounts associated with the Trinamool Congress.
- The deposits are reported to be in HDFC Bank accounts.
- The freeze is intended to restrict access to the identified funds while the investigation continues.
- The reports do not detail the full allegations or case timeline in the provided excerpts.
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