The Enforcement Directorate (ED) freezes Trinamool Congress bank deposits worth Rs 440 crore, according to reports from multiple outlets. The freeze is linked to an ongoing money laundering investigation into suspected financial transactions involving the party’s funds. The ED is examining allegations that money may have been routed through various service companies as part of the probe. In response, the Trinamool Congress rejects the action and says the party’s funds are fully and transparently disclosed to authorities. TMC also characterizes the ED move as “politically motivated,” alleging misuse of investigative agencies by the central government. News reports describe the dispute as part of a broader standoff between the party and the federal investigation. The ED action and the party’s defence remain centered on the same figure—Rs 440 crore in frozen deposits—and on the ED’s investigation into how funds are allegedly handled through intermediaries.
TMC accuses ED of political motive after freezing Rs 440 crore bank deposits
The Enforcement Directorate (ED) freezes Trinamool Congress bank deposits worth Rs 440 crore, according to reports from multiple outlets. The freeze is linked to an ongoing money laundering investigat...
- The ED freezes Trinamool Congress bank deposits worth Rs 440 crore.
- The freeze is tied to an ongoing money laundering investigation.
- The ED probes allegations of funds being routed through service companies.
- TMC says all its funds are fully and transparently disclosed to authorities.
- TMC calls the ED action politically motivated and alleges misuse of agencies.
The TMC condemned ED's "illegal" action said all funds held in the party’s bank accounts have been fully and transparently disclosed.
14 hours agoThe Enforcement Directorate froze Trinamool Congress bank deposits worth Rs 440 crore. This action is part of an ongoing money laundering investigation into financial transactions. The Trinamool Congress stated all financial transactions were fully disclosed to authorities. They called the freeze a politically motivated act by the central government. The agency is probing alleged routing of funds through various service companies.
14 hours ago
Supreme Court upholds 7-year sentence for ex-President Yoon over obstruction of justice
South Korea’s Supreme Court upholds a seven-year prison term for former President Yoon Suk Yeol on obstruction-of-justic...
Latin America: World Cup, Peruvian migration, Colombia election and Bolivia emergency among ongoing updates
Across multiple daily updates, outlets focus on several parallel developments in Latin America. In sports, the World Cup...
Andy Burnham’s potential cabinet as Labour leadership battle follows Keir Starmer’s fall
Keir Starmer faces mounting pressure from within Labour after Andy Burnham wins the Makerfield by-election, with multipl...