ED Raids Linked to Alleged Financial Transactions Involving TMC Underway

The Enforcement Directorate (ED) has launched searches at five locations in and around Kolkata as part of an investigation into alleged dishonest financial transactions and the routing of suspected funds through bank accounts reportedly linked to the Trinamool Congress (TMC). According to preliminary findings, the agency suspects that more than ₹150 crore was routed through aviation and travel companies for purposes that are currently under investigation. The searches are being carried out at the premises of Carewell Aviation, its directors, and a purported electoral trust.

Officials stated that this marks one of the first instances in which the ED is examining the funding of a political party as part of a money trail investigation. While the financial accounts of the Aam Aadmi Party (AAP) had previously come under the scanner, that probe was conducted in connection with the alleged Delhi Excise Policy case. The ED is continuing its investigation to determine the source, movement, and intended use of the suspected funds.