ED freezes Rs 440 crore in three TMC accounts in laundering case

The Enforcement Directorate has frozen TMC bank accounts holding Rs 440 crore. These funds are linked to an alleged Rs 160 crore money laundering investigation. The money was reportedly used to purchase an aircraft and a helicopter. These assets were then rented back to the TMC for party use. The agency is probing dubious transactions and potential personal asset creation.