The Enforcement Directorate (ED) has arrested Vinesh Chandel, co-founder and director of political consultancy firm I-PAC, in connection with a money laundering probe linked to the alleged West Bengal coal scam. The arrest comes just days ahead of the upcoming Assembly elections, triggering political reactions.
Chandel was taken into custody in Delhi under the provisions of the Prevention of Money Laundering Act (PMLA) following multiple rounds of questioning and recent searches conducted across several cities, including Delhi, Mumbai, Bengaluru, and Hyderabad. Investigators claim that tens crores rupees were funneled into the firm as part of the alleged laundering network.A special court in Delhi subsequently remanded Chandel to 10 days of ED custody, granting the agency time to further investigate the alleged financial trail and examine his role in the case. The arrest has sparked political reactions, particularly due to I-PAC’s association with political parties such as the Trinamool Congress (TMC). While TMC leaders have questioned the timing of the action and alleged political bias, the ED has maintained that the investigation is based solely on financial evidence and due legal process.
Officials indicated that further arrests and questioning may follow as the probe expands. The agency is also expected to analyse bank records, transaction details, and communication data to establish the complete money trail.
The case continues to remain under close watch amid its political and legal implications.