Enforcement Directorate
ED raids I-PAC office in Kolkata over coal smuggling probe
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The Enforcement Directorate raided the office and residence of political consultancy firm I-PAC in Kolkata on Thursday, prompting West Bengal Chief Minister Mamata Banerjee to intervene and accuse the agency of stealing Trinamool Congress documents ahead of assembly elections. Banerjee described the action as political vendetta and planned a protest rally for Friday. The raids are linked to a money-laundering investigation into an alleged coal pilferage scam.
India’s local price for Tether’s USDT stablecoin rose more than 8.5 percent above the dollar on June 29 amid tighter enforcement on crypto payment firms.
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The Delhi High Court has quashed an FIR filed by the Economic Offences Wing in 2020 and related Enforcement Directorate proceedings against news portal NewsClick and its founder Prabir Purkayastha.