Overview
- Police instructed HDFC Bank to suspend debit operations on three Trinamool Congress accounts reported to hold roughly Rs 440 crore after a complaint and a letter from former treasurer Aroop Biswas led to an FIR and the banking restriction.
- The party moved the Calcutta High Court to restore access but the court denied an urgent hearing and ordered the case to proceed in the normal course with service on all parties.
- A public interest litigation was allowed to be filed to question who authorised the freeze and under what legal power while Bidhannagar cyber police opened a formal investigation into the accounts’ transactions.
- TMC issued a show-cause notice to Aroop Biswas over his request to freeze the accounts and he replied in a three-page letter defending his action, saying he was kept unaware of key transactions and that he remains with the party.
- The freeze has halted routine party spending and widened the factional fight into parallel legal and criminal processes that could reveal past transfers and reshape control of party finances pending court and police findings.