India's Enforcement Directorate (ED) has launched a money laundering investigation involving alleged fund transfers worth ₹150 crore linked to the Trinamool Congress (TMC).
The agency conducted searches at five locations in Kolkata and surrounding areas, focusing on transactions involving Carewell Aviation and related entities.
The probe centers on suspected fund-routing mechanisms that allegedly channeled money into TMC bank accounts.
Authorities are examining financial records and operational links between the aviation firm and political party accounts to trace the flow of funds.
This development adds to a series of high-profile financial investigations in India, where regulatory bodies are increasingly scrutinizing political funding channels.
The ED's action signals a broader enforcement push against alleged illicit financial networks tied to political organizations.