Enforcement Directorate (ED) officials have taken action against two corporate entities linked to suspended Trinamool Congress leader Sheikh Shahjahan in a money-laundering case. The entities are Mesars Magnum and Mesars Arup Som. ED has directed the banks to stop all transactions in their accounts.
These actions are a part of the investigation into Shahjahan, who is also accused of orchestrating the attack on ED and CAPF personnel in Sandeshkhali on January 5. In addition to the two corporate entities, Shahjahan’s daughter’s fish exports entity, Mesars Sheikh Sabina Fish Supply Only, and his personal bank account have also been targeted by the ED for freezing.
The ED suspects that these accounts were used as shell companies to divert ill-gotten funds in various money laundering cases, particularly the ration distribution case. Shell companies have been found to play a significant role in fund diversion in many money laundering cases being investigated by the ED in West Bengal.
The ED has filed two enforcement case information reports (ECIR) against Shahjahan, one related to his involvement in ration distribution and the other related to his fish exports business. The central agency is cracking down on all entities involved in these cases to ensure accountability and prevent further money laundering activities.
