Are There Connections Between the Recent Rs 5 Crore Cash Seizure and Financial Scams in Bengal?
Synopsis
Key Takeaways
- The ED is investigating a Rs 5 crore cash seizure linked to financial scams.
- Political figures from the Trinamool Congress are under scrutiny.
- Multiple financial irregularity cases are currently being probed.
- The cash seizure raises concerns ahead of the state Assembly elections.
- The Election Commission is monitoring unauthorized cash movements.
Kolkata, Nov 19 (NationPress) The Enforcement Directorate (ED) is actively investigating potential connections between the recent seizure of Rs 5 crore in West Bengal and ongoing financial scam cases in the region.
ED officials are delving into the backgrounds of two individuals apprehended by the Special Task Force during the cash seizure last week.
The central investigation agency is focusing on whether these two suspects are linked to any individuals involved in various financial misconduct cases.
At present, the ED is probing three significant financial irregularity cases in the state: cash-for-municipality jobs, illegal sand mining, and a human trafficking scam disguised as bar-cum-restaurants.
Numerous politically influential figures, particularly those associated with the Trinamool Congress, are currently under the scrutiny of the ED.
On Monday, the STF and West Bengal Police confiscated Rs 5 crore in cash from a vehicle near Akanksha Crossing in New Town and arrested two individuals, including the owner of the car.
The discovery of such a substantial sum during a routine vehicle check has raised alarms, especially with the upcoming state Assembly elections and the ongoing Special Intensive Revision (SIR) by the Election Commission of India (ECI).
The ECI has already warned various central and state intelligence agencies to be vigilant regarding the movement of unauthorized cash within the state as crucial elections approach.
The commission has also urged close cooperation between state and central intelligence agencies to prevent such illegal cash transfers.
In the previous week, the ED uncovered large sums during searches at a businessman’s residence in the Taratala area, linked to the municipal recruitment corruption case.
Earlier this month, ED teams executed raids at approximately ten locations across the city, including Salt Lake and Beliaghata.
They also searched a businessman’s property in Taratala in relation to the municipal recruitment corruption investigation.