Kolkata, Sept. 8 -- The Enforcement Directorate (ED) has detected alleged financial irregularities of around Rs 60 crore following a 24-hour search operation at multiple properties linked to TMC Rajya Sabha MP Nadimul Haque.
The multi-state raids, which began on Monday morning, covered seven locations in Kolkata, Delhi and Ranchi and concluded on Tuesday morning.
Haque was found at his Ranchi office after the searches began and was later accompanied by ED officials to Kolkata's Park Circus, where he runs the Urdu daily Akhbar-e-Mashriq as a director.
During the searches, investigators examined bank records, financial documents and digital material and questioned Haque and his associates at his residence and office. Initial scrutiny of bank accounts and ledgers allegedly revealed discrepancies and suspicious transactions totalling about Rs 60 crore.
The agency is probing whether the transactions were genuine business dealings or involved illicit financial channels, including hawala. Haque and his associates allegedly failed to provide satisfactory accounting records or legitimate business explanations for several transfers. The money-laundering case stems from an FIR registered by the Bidhannagar Police Commissionerate. The ED is now expanding its probe and mapping bank transactions to trace the movement and possible layering of funds.
Published by HT Digital Content Services with permission from Millennium Post.