The freezing of three HDFC bank accounts belonging to the Trinamool Congress , holding a massive ₹440 crore, marks a critical escalation in the party’s existential crisis. Far from a routine cyber investigation, the action by the Bidhannagar Cyber Crime Police is the direct fallout of an intense, public civil war for absolute control over the party’s identity, assets, and political future.

The Power Struggle

Following a devastating defeat in the recent West Bengal Assembly elections, the TMC splintered into two distinct camps. One faction remains fiercely loyal to party supremo Mamata Banerjee and National General Secretary Abhishek Banerjee. The insurgent, rebel faction is led by MLA Ritabrata Banerjee. The internal power struggle recently reached a flashpoint when the West Bengal Assembly Speaker officially recognized Ritabrata Banerjee as the Leader of the Opposition, explicitly rejecting the candidate backed by Mamata Banerjee’s camp.

The Battle for the Treasury

As political control fractured, a bitter legal battle erupted over the party’s massive treasury, which totals over ₹1,018 crore in assets according to Election Commission filings.

The Ouster: On June 5, 2026, the Mamata Banerjee faction abruptly removed longtime loyalist Aroop Biswas from his post as party treasurer, replacing him with Subhasish Chakraborty.

The Counter-Strike: Refusing to accept his ouster, Biswas wrote to HDFC Bank on June 12, asserting he was still the lawful treasurer and demanding a freeze on all debit transactions to protect the funds from unauthorized use by rival factions.

The Police Complaint: Capitalizing on this internal chaos, ten rebel legislators led by Joynagar MLA Biswanath Das lodged a formal criminal complaint with the Bidhannagar Cyber Crime Police. They alleged that hundreds of crores stashed in the party’s Central Plaza branch originated from organized crime, extortion, and systemic “cut-money” (illegal commissions).

With an FIR registered under severe legal codes for cheating, conspiracy, and organized crime, the police ordered an immediate debit freeze. The freezing of the ₹440 crore completely cripples the ruling faction’s liquidity, turning a bitter political mutiny into a high-stakes criminal investigation.

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