The Enforcement Directorate (ED) carried out searches linked to political consultant Pratik Jain amid an investigation into suspected financial irregularities under the PMLA. Following the ED action, iPAC has also filed a plea in the Calcutta High Court, which may hear the matter tomorrow.

The raids are part of an ongoing probe into suspected financial irregularities under the Prevention of Money Laundering Act (PMLA), with investigators examining consultancy payments, contracts, fund flows, and other financial records to determine whether any transactions were undisclosed or violated the law. Officials emphasised that the searches are investigative and that no conclusions should be drawn at this stage.

Jain’s association with the Indian Political Action Committee (iPAC), a consultancy firm that has worked with several major political parties and governments, has drawn particular attention. While iPAC has not been named as an accused, the firm has now filed a plea in the Calcutta High Court, which may hear the matter tomorrow, keeping the actions under intense public and political scrutiny.