Calcutta HC denies relief to TMC's Mamata faction to operate ED-frozen accounts
The high court's order came as the agency cited alleged fund transfers linked to aviation purchases during its ongoing probe.
The Calcutta High Court on Monday refused the Mamata Banerjee-led faction of the Trinamool Congress interim permission to operate three of the party's bank accounts frozen by the Enforcement Directorate.
The ED froze the three bank accounts of the Trinamool Congress with balances amounting to Rs 440.42 crore in connection with its probe based on an FIR lodged by the state police regarding alleged dishonest financial dealings, unlawful collection of money, and routing of suspected funds through certain bank accounts of the party.
Justice Krishna Rao had on July 13 reserved the interim order on the prayer after arguments by the parties in the matter were concluded.
According to officials, the Enforcement Directorate's preliminary investigation found that about Rs 160 crore was transferred from the TMC's bank accounts to Carewell Aviation India Pvt Ltd and its related entity between April 2023 and June 2026.
The company is alleged to have further routed Rs 82.96 crore (between 2023 and 2026) to another newly incorporated entity. It was found that a "significant" amount was transferred to this entity. Out of this, Rs 112 crore was used for purchasing an Embraer Legacy 600 business jet and an AgustaWestland 109SP helicopter, the officials said.
The Calcutta High Court on Monday refused the Mamata Banerjee-led faction of the Trinamool Congress interim permission to operate three of the party's bank accounts frozen by the Enforcement Directorate.
The ED froze the three bank accounts of the Trinamool Congress with balances amounting to Rs 440.42 crore in connection with its probe based on an FIR lodged by the state police regarding alleged dishonest financial dealings, unlawful collection of money, and routing of suspected funds through certain bank accounts of the party.
Justice Krishna Rao had on July 13 reserved the interim order on the prayer after arguments by the parties in the matter were concluded.
According to officials, the Enforcement Directorate's preliminary investigation found that about Rs 160 crore was transferred from the TMC's bank accounts to Carewell Aviation India Pvt Ltd and its related entity between April 2023 and June 2026.
The company is alleged to have further routed Rs 82.96 crore (between 2023 and 2026) to another newly incorporated entity. It was found that a "significant" amount was transferred to this entity. Out of this, Rs 112 crore was used for purchasing an Embraer Legacy 600 business jet and an AgustaWestland 109SP helicopter, the officials said.
The Calcutta High Court on Monday refused the Mamata Banerjee-led faction of the Trinamool Congress interim permission to operate three of the party's bank accounts frozen by the Enforcement Directorate.
The ED froze the three bank accounts of the Trinamool Congress with balances amounting to Rs 440.42 crore in connection with its probe based on an FIR lodged by the state police regarding alleged dishonest financial dealings, unlawful collection of money, and routing of suspected funds through certain bank accounts of the party.
Justice Krishna Rao had on July 13 reserved the interim order on the prayer after arguments by the parties in the matter were concluded.
According to officials, the Enforcement Directorate's preliminary investigation found that about Rs 160 crore was transferred from the TMC's bank accounts to Carewell Aviation India Pvt Ltd and its related entity between April 2023 and June 2026.
The company is alleged to have further routed Rs 82.96 crore (between 2023 and 2026) to another newly incorporated entity. It was found that a "significant" amount was transferred to this entity. Out of this, Rs 112 crore was used for purchasing an Embraer Legacy 600 business jet and an AgustaWestland 109SP helicopter, the officials said.
