Archive · 3 Aug 2026
Supreme Court Seeks Release of Frozen TMC Funds for Daily Expenses
The Supreme Court is looking at whether the government agency that is investigating the Trinamool Congress (TMC) can let the party use some of the money that has been locked up.
The TMC says it needs the money to pay its workers and run its offices.
The agency says the money might be linked to illegal activity and must stay frozen until the investigation is finished.
The court will decide if a small amount can be released for everyday costs.
The case is still being heard, and a decision is expected soon.
Supreme Court asked the Enforcement Directorate (ED) to release part of the frozen TMC accounts for daily expenses.
The ED froze three TMC accounts totaling Rs 440.42 crore under the Prevention of Money Laundering Act.
TMC argues the accounts are needed to pay salaries and run party operations.
ED maintains the funds may be linked to money laundering and must remain frozen.
The court will hear the matter again on August 11, 2024.
- Who
- Mamata Banerjee-led faction of the All India Trinamool Congress
- What
- Supreme Court asked the Enforcement Directorate to release a portion of frozen funds for day‑to‑day party expenses
- When
- August 3, 2024 (hearing scheduled for August 11, 2024)
- Where
- Supreme Court, New Delhi; Enforcement Directorate, West Bengal
- Why
- To allow the party to pay salaries and meet routine expenses while the money‑laundering investigation continues
- Frozen accounts balance
- Rs 440.42 crore
- Number of frozen accounts
- 3
- Other accounts balance
- Rs 164 crore
- Alleged transfer to Carewell Aviation
- Rs 160 crore
- Supreme Court hearing date
- August 3, 2024
- ED investigation period
- April 2023 to June 2026
Sources
Supreme Court asks ED if frozen TMC funds can be released for party's day-to-day expenses
After Trinamool Bank Account Freeze, Top Court Explores Temporary Relief
Can some amount be released from TMC’s frozen accounts for daily expenses: SC asks ED
