Enforcement Directorate has conducted raids at IPAC locations in connection with the West Bengal coal smuggling case. Moreover, officials carried out searches across Hyderabad, Bengaluru, and Delhi simultaneously during this operation.
Locations and Key Targets
In Bengaluru, authorities searched premises linked to Rishiraj Singh, who serves as co-founder of the company. Meanwhile, IPAC operates as a political consultancy firm working with various political organisations across India.
Previous ED Action in Kolkata
Earlier in January this year, ED also conducted raids at IPAC locations in Kolkata. Additionally, officials searched IPAC office and residence of director Prateek Jain during that operation.
Following those raids, IPAC stated that the day proved difficult and unfortunate for a professional organisation like theirs. Furthermore, the company raised concerns about the implications of such actions.
Company’s Response to Investigation
IPAC expressed that such actions create serious concerns and set a troubling precedent for organisations. However, the company also stated that it has cooperated fully and will continue cooperation whenever required.
Moreover, IPAC emphasised that it respects the law completely and will remain engaged in the process. Additionally, the firm has worked professionally with multiple political parties across ideologies and regions.
These include Bharatiya Janata Party, Congress, Aam Aadmi Party, All India Trinamool Congress, Dravida Munnetra Kazhagam, YSR Congress Party, Telangana Rashtra Samithi now BRS, Janata Dal United, Shiv Sena, and others.
ED Allegations and Political Controversy
Previously, ED action had triggered political controversy following the raids. Meanwhile, the agency alleged that Chief Minister Mamata Banerjee interfered during the search process.
According to ED, police assistance helped remove digital devices and key documents from the premises. Furthermore, officials claimed they were forced to stop the search without seizing any materials.
Funding Allegations and Legal Requests
Additionally, ED claimed that around ₹20 crore linked to alleged coal theft moved to IPAC through hawala channels. Therefore, the agency has approached the court seeking protection in this matter.
It requested safeguards against tampering with seized data and relief regarding FIRs filed against its officers.
What Lies Ahead
As the investigation progresses, attention remains on ED findings and IPAC’s response. Therefore, future developments will determine the outcome of this high-profile probe.
