Hours after the Enforcement Directorate (ED) alleged dubious transactions through three Trinamool Congress bank accounts, the party rejected the claims, calling them politically motivated. The party stated that all funds in its accounts were transparently disclosed and reported to the Election Commission of India and the Income Tax Department. Trinamool Congress criticized the freezing of its accounts as arbitrary and illegal, denouncing the use of investigative agencies for political purposes.
The party highlighted that details of electoral bonds were already with the Government of India and submitted to the Supreme Court. Following requests from party members and former treasurer Aroop Biswas, the accounts faced debit restrictions imposed by the bank authorities. The freezing of accounts came after allegations of corruption and extortion proceeds being routed through them, leading to investigations under the Prevention of Money Laundering Act.
The Trinamool Congress Legislature Party witnessed internal strife, with a faction led by expelled MLA Ritabrata Banerjee seeking account freezes over misuse concerns. The other faction, led by Mamata Banerjee and Abhishek Banerjee, challenged the restrictions in court but did not receive interim relief. Subsequently, the ED conducted raids in Kolkata as part of its probe into the alleged financial irregularities.
