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Jun 18, 2026 Major2
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TMC Finance Chief Requests Bank Account Freeze Amid Party Leadership Crisis

TMC finance chief Aroop Biswas has written to HDFC Bank requesting an immediate freeze on the party's account amid severe internal strife. The request comes as the party faces defections by multiple lawmakers, leadership disputes, and uncertainty over financial management following recent electoral losses.





Quick Facts
Who
Aroop Biswas
What
Finance chief writes to bank requesting account freeze
When
June 17-18, 2026
Where
HDFC Bank Central Plaza branch
- Finance chief writes to bank requesting account freeze
- Request to suspend all financial transactions
- Lawmakers defect from the party
- State legislators declare rebellion
- Disputes over party leadership and control
Aroop Biswas, the finance chief of the All India Trinamool Congress (TMC), has written to HDFC Bank's Central Plaza branch requesting an immediate freeze on the party's bank account and suspension of all financial transactions. The letter cites severe internal turmoil within the party, including significant defections of lawmakers and rebellion among state legislators. Biswas raised concerns that uncertainty over party leadership has created confusion about who has authority to manage the party's finances, and warned that pre-signed bank cheques held at party offices could be misused during this period of instability.
The move reflects a deepening crisis within the TMC following recent electoral setbacks. Multiple members of parliament have reportedly left the party, while numerous state legislators have declared rebellion against the current leadership. Leadership disputes have created uncertainty over control of party assets, party symbols, and property rights. The party's fund management has become particularly contentious given that hundreds of crores of rupees are at stake.
The letter raises questions about whether party leadership, including chief Mamata Banerjee and her nephew Abhishek Banerjyopadhyay, authorized Biswas to take this step. The financial freeze, if implemented by the bank, could trigger severe financial difficulties for the party's operations. The development marks an unprecedented escalation in the party's internal crisis, with the finance chief himself seeking external intervention through banking authorities to protect party assets during the factional dispute.
Why This Matters
This development signals a critical governance breakdown within India's TMC, one of the country's major regional political parties. When a party's finance chief bypasses leadership to request external intervention through banking authorities, it indicates unprecedented internal fracture that could destabilize the party's operations and raise questions about fiduciary accountability. For readers following Indian politics, this reflects broader vulnerabilities in party management during electoral downturns and succession disputes.
Timeline & Sources
Jun 17, 2026
WireAroop Biswas writes letter to HDFC Bank requesting account freeze
Jun 17, 2026
WireNews sources report on the account freeze request
Jun 18, 2026
WireAdditional coverage highlights party crisis and fund concerns