Enforcement Directorate provisionally attached ₹10.29 crore of Trinamool Congress in a money laundering case involving the Alchemist Group.
The Enforcement Directorate (ED) has provisionally attached ₹10.29 crore of the Trinamool Congress (TMC) in an alleged money laundering case involving the Alchemist Group. The funds were reportedly used by the Alchemist Group to pay aviation companies for services on behalf of the TMC. The Alchemist Group, led by former Rajya Sabha member Kanwar Deep Singh, is under investigation for a Ponzi scheme, accused of collecting over ₹1,800 crore from investors under false promises and using the funds to divert money to other group companies, primarily "paper firms."
March 11, 2024
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