Kolkata, Jul 20 The Calcutta High Court on Monday refused the Mamata Banerjee 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 in 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.
Kolkata, Jul 20 The Calcutta High Court on Monday refused interim relief to the Mamata Banerjee-led faction of the TMC to operate three party bank accounts frozen by the ED.
The Enforcement Directorate (ED) froze the three bank accounts, with balances totalling Rs 440.42 crore, in connection with its money laundering probe arising out of an FIR lodged by the West Bengal Police over alleged dishonest financial transactions, unlawful collection of money and routing of suspected funds through certain party accounts.
On July 13, Justice Krishna Rao reserved the interim order on the prayer after arguments by the parties in the matter concluded.
Finding no prima facie case in favour of the petitioner Mamata Banerjee-led faction of the TMC, Justice Rao refused an interim order as prayed for by them.
The court directed the ED to file its affidavit-in-opposition within three weeks. The petitioners were granted two weeks thereafter to file their reply, if any.
The matter would be listed for hearing again on August 26, the court directed.
Justice Rao noted that the ED issued an order of freezing the accounts on July 7, but this was not brought to the notice of a coordinate bench of Justice Saugata Bhattacharyya, either by the state or by the petitioners, as the central agency was not a party to the said proceeding when the order was passed.
On July 9, Justice Bhattacharyya passed an order appointing a special officer to facilitate the operation of the three bank accounts by the Mamata Banerjee-led faction of the TMC for their day-to-day and legal expenses only.
The petitioners filed the present petition challenging the initiation of ECIR (Enforcement Case Information Report), an equivalent of an FIR, proceeding by the ED.
According to officials, the ED's preliminary investigation found that around 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.
