West Bengal: Rs 500 Crore Cash War Rocks Trinamool Congress, Treasurer Seeks Account Freeze
The political landscape in West Bengal has been completely rocked by an unprecedented, explosive financial and institutional crisis. Following the party's historic defeat in the
The political landscape in West Bengal has been completely rocked by an unprecedented, explosive financial and institutional crisis. Following the party's historic defeat in the state assembly elections—ending a 15-year rule—and the subsequent exit of a massive chunk of its elected representatives, the battle for the literal ownership of the All India Trinamool Congress (AITC) has moved from the state assembly directly into the banking sector. In a shocking move that has blindsided party chief Mamata Banerjee, former TMC Treasurer Aroop Biswas has officially written an urgent letter to HDFC Bank's Central Plaza branch in Kolkata, demanding a complete and immediate freeze on all debit transactions and a total status quo on the party’s primary corporate bank accounts, which hold reserves estimated between ₹675 Crore and ₹1,000 Crore. n18oc_breaking-news n18oc_india News18 Mobile App
The BriefWire