ED not to defreeze accounts of East Bengal, Mohun Bagan

October 09, 2014 04:00 pm | Updated November 16, 2021 08:12 pm IST - Kolkata

The Enforcement Directorate (ED) will not defreeze the accounts of East Bengal and Mohun Bagan football clubs which were sealed by the agency probing the Saradha scam.

“There is no question of defreezing the accounts of East Bengal and Mohun Bagan as requested by them,” a senior ED official told PTI . He said the agency had sealed the accounts of the two clubs for ‘some particular reason’ “So the question of defreezing them did not arise,” the official said.

While money can be credited in their accounts post freezing, no amount could be debited, he said. The accounts of the two premier football clubs in the city were frozen by the agency as Saradha ponzi scheme funds were deposited in them, investigations into the scam had revealed.

Officials of the both the clubs had approached the ED requesting for defreezing on the grounds that they were facing financial difficulty as no payments can be made.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.