SC urges ED to consider releasing funds from frozen TMC accounts in money-laundering probe

The Supreme Court has urged the Enforcement Directorate (ED) to consider releasing funds from three frozen bank accounts belonging to the Trinamool Congress (TMC) in a money-laundering probe. The court made it clear that it would not examine the merits of the dispute over the legality of the freezing order, which remains pending before the Calcutta High Court.

The TMC's legal team argued that the restrictions on the accounts had "completely stifled" the party financially, affecting its ability to meet employee salaries, legal costs and other day-to-day expenses. The court suggested that a portion of the funds could be released for the party's administration and necessary expenses, pending the final order from the High Court.

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