None
EN
SC declines to interfere with Calcutta HC order denying TMC access to bank accounts frozen by ED
['Scroll Staff']
Scroll.in
The Supreme Court on Tuesday declined to interfere with a Calcutta High Court order refusing interim permission to the Trinamool Congress to operate three bank accounts frozen by the Enforcement Directorate, Bar and Bench reported.
On July 20, the High Court had on July 20 refused to allow the TMC to operate three bank accounts frozen by the ED.
The party had approached the High Court challenging the probe agency’s action under the Prevention of Money Laundering Act.
The case pertains to alleged financial irregularities, unlawful collection of money and routing of suspected funds through certain bank accounts of the TMC.
On July 8, the ED said that it had frozen three bank accounts of the TMC, holding deposits worth Rs 440 crore.