Welcome to ZisNews!

Read your favorite news, except the excluded topics, by you. Register
No overlapping ads for registered users

Why ED arrested I-PAC co-founder Vinesh Chandel days before West Bengal assembly polls

Posted on: Apr 14, 2026 10:46 IST | Posted by: Hindustantimes
Why ED arrested I-PAC co-founder Vinesh Chandel days before West Bengal assembly polls
JUst tenner years before the highly-anticipated assemblage elections in w Bengal, the Enforcement board of directors (ED) arrested Vinesh Chandel on Monday. Chandel is the co-founder and director of the political consultancy firm I-PAC, whose clients include the ruling Trinamool Congress.Chandel was arrested by ED on Monday night on money laundering charges linked to an alleged coal scam in the state. This arrest comes weeks after the central agency raided his Delhi property in relation to the charges.However, this is not the first time I-PAC found itself under the scanner of the ED. In January, Pratik Jain, who is one of the directors of the political consultancy, was raided by ED officials in Kolkata. This raid sparked a major controversy and a case in the Supreme Court after chief minister Mamata Banerjee stormed in with government officials.The TMC supremo has also been accused by the central agency of taking crucial evidence from the scene as she interrupted the raid.After the January raid at Jain's house, I-PAC said in a statement that its role is limited to transparent, professional political consulting, that is free of influence from political ideology.“We believe this [the raids] raises serious concerns and sets an unsettling precedent. Regardless, we have extended full cooperation... Engaging with the process in complete accordance and respect for the law,” the statement added further.Why was Chandel arrested?As per reports, the ED has linked the case against Chandel to an FIR filed by the Central Bureau of Investigation in 2020. The police report alleged that a coal pilferage in Eastern Coalfields Ltd's mines in West Bengal's Kunustoria and Kajora, in and around Asansol.The central agency has added that a "hawala" linked to the coal-smuggling ring that helped move tens of crores of rupees to I-PAC.The I-PAC director has been remanded to 10-day custody of the ED. TMC's Abhishek Banerjee had also been accused of having links to the coal scam

Global News Perspectives

In today's interconnected world, staying informed about global events is more important than ever. ZisNews provides news coverage from multiple countries, allowing you to compare how different regions report on the same stories. This unique approach helps you gain a broader and more balanced understanding of international affairs. Whether it's politics, business, technology, or cultural trends, ZisNews ensures that you get a well-rounded perspective rather than a one-sided view. Expand your knowledge and see how global narratives unfold from different angles.

Customizable News Feed

At ZisNews, we understand that not every news story interests everyone. That's why we offer a customizable news feed, allowing you to control what you see. By adding keywords, you can filter out unwanted news, blocking articles that contain specific words in their titles or descriptions. This feature enables you to create a personalized experience where you only receive content that aligns with your interests. Register today to take full advantage of this functionality and enjoy a distraction-free news feed.

Like or Comment on News

Stay engaged with the news by interacting with stories that matter to you. Like or dislike articles based on your opinion, and share your thoughts in the comments section. Join discussions, see what others are saying, and be a part of an informed community that values meaningful conversations.

Download the Android App

For a seamless news experience, download the ZisNews Android app. Get instant notifications based on your selected categories and stay updated on breaking news. The app also allows you to block unwanted news, ensuring that you only receive content that aligns with your preferences. Stay connected anytime, anywhere.

Diverse News Categories

With ZisNews, you can explore a wide range of topics, ensuring that you never miss important developments. From Technology and Science to Sports, Politics, and Entertainment, we bring you the latest updates from the world's most trusted sources. Whether you are interested in groundbreaking scientific discoveries, tech innovations, or major sports events, our platform keeps you updated in real-time. Our carefully curated news selection helps you stay ahead, providing accurate and relevant stories tailored to diverse interests.

Login to Like (0) Login to Dislike (0)

Login to comment.

No comments yet.