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ED initiates process to freeze Sheikh Shahjahan’s bank accounts

The Enforcement Directorate (ED) has initiated the process to freeze the personal bank accounts of suspended Trinamool Congress leader Sheikh Shahjahan and accounts linked to his businesses. Starting with two accounts, ED has written to banks to freeze transactions, with 15 accounts and transactions worth Rs 137 crore under scrutiny.

ED has uncovered clues on how Shahjahan used his prawn and shrimp export business for money laundering and diverting scam proceeds. Two enforcement case information reports have been filed against him, related to ration distribution and money laundering through fish exports. Shahjahan is also accused of forcefully acquiring farmland for pisciculture.

Shahjahan allegedly pressured pisciculture farm owners to sell products from their farms at nominal rates to his export business, which he then sold at premium prices in the export market. The ED has also linked him to an attack on ED and CAPF personnel in Sandeshkhali. The central agency is now investigating transactions linked to Shahjahan, his family, and associates for further evidence.

The ED has taken action against Sheikh Shahjahan, a key figure in the Trinamool Congress, freezing his personal bank accounts and those tied to his businesses. With transactions worth Rs 137 crore under scrutiny, the agency is delving into Shahjahan’s alleged illegal activities involving money laundering and land acquisition for pisciculture. The process is ongoing as ED continues to gather evidence against him.

IANS

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