PoliticsHindustan Times

SC nudges ED to consider releasing funds from frozen TMC accounts

in5points
  1. The Supreme Court urged the Enforcement Directorate (ED) to consider releasing funds from three frozen bank accounts of the Trinamool Congress (TMC).

  2. The court suggested releasing funds for daily expenses and legal costs, but clarified it was not ruling on the case's merits.

  3. The case involves an ED money laundering probe that led to the freezing of TMC's accounts in HDFC Bank.

  4. The Supreme Court questioned the ED's action, asking what proceeds of crime justified freezing the accounts.

  5. The court listed the matter for next week, giving the ED time to respond.