Former TMC Treasurer Arup Biswas Asks HDFC Bank to Freeze Party Accounts Amid Internal Rebellion

Arup Biswas, the former treasurer of the All India Trinamool Congress (AITC), has written to HDFC Bank requesting the immediate freezing of all party bank accounts, citing a severe internal revolt and legal ambiguity over control of party funds. In his letter, Biswas stated that the party is witnessing a massive rebellion, with several MPs having resigned and MLAs openly opposing the leadership of former West Bengal Chief Minister Mamata Banerjee. He argued that a legal and organizational dispute has arisen over who has rightful authority over the party's resources, making it necessary to halt all transactions from accounts held in the name of the party until clarity is achieved.

This development comes after the TMC's National Working Committee meeting on June 5, 2026, where Biswas was removed from his post as treasurer and replaced by former MP Subhasish Chakravarty. The party's bank accounts reportedly hold a balance of ₹6,25,79,87,264 (approximately ₹625.8 million). Biswas's unilateral action has deepened the crisis for Mamata Banerjee, who is already grappling with a wave of defections and public dissent from party members.

Political reactions have started to emerge. CPI(M) legislator Md Mustafizur Rahman supported Biswas's move, calling it correct and necessary. He stated, “They understand that freezing the account is necessary. That is why they have done it.” Similarly, AJUP leader and MLA Humayun Kabir commented on Mamata Banerjee's precarious position, noting that she is unable to carry out any work as intended. The situation underscores the intense internal conflict within TMC and raises questions about the party's financial stability and governance.