India’s main opposition party says tax authorities have frozen its funds, weeks before nationwide election
CNN
India’s main opposition party, the Indian National Congress, said Friday that its bank accounts had been frozen by federal tax authorities, just weeks before an expected nationwide election.
India’s main opposition party, the Indian National Congress, said Friday that its bank accounts had been frozen by federal tax authorities, just weeks before an expected nationwide election. Congress Treasurer Ajay Maken told a news conference the accounts had been frozen after an investigation of the party’s income tax returns for the 2018-19 financial year. He added that the Income Tax Department had issued a payment demand for 2.1 billion rupees ($25.3 million) in connection to the ongoing probe. Maken said the action taken against his party was equivalent to “freezing our democracy.” “The Congress party’s bank accounts haven’t been frozen. It’s the democracy that has been frozen,” Maken said. “Will there be only a one party system in this country?” Later on Friday, the Income Tax Appelate Tribunal granted the Congress Party temporary access to its accounts, lawyer and Congress lawmaker Vivek Tankha confirmed to CNN. Tankha said the case will be heard on Wednesday. CNN has reached out to India’s Income Tax Department and Finance Ministry, and multiple leaders within the Congress Party for further comment.
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