The Enforcement Directorate has launched an investigation into Akhbar-E-Mashriq Pvt Ltd, an Urdu newspaper company linked to TMC MP Nadimul Haque. Officials are probing alleged financial irregularities worth ₹60 crore, including potential money laundering and hawala transactions. The agency is currently reviewing seized bank records and digital evidence to verify the source of these funds.
The Enforcement Directorate (ED) has expanded its scrutiny into the financial operations of Akhbar-E-Mashriq Pvt Ltd, an Urdu newspaper firm associated with Trinamool Congress (TMC) Rajya Sabha MP Nadimul Haque. The agency launched a large-scale operation on September 7, 2026, conducting raids at seven premises across Kolkata, Delhi, and Ranchi to track a series of financial transactions.
Investigators are currently examining approximately ₹60 crore in funds that reportedly lack clear supporting documentation. The probe, which has continued for over 24 hours, aims to determine if these transactions were legitimate commercial activities or if the media entity was utilized as a conduit for moving unaccounted capital through hawala channels. During the operation, officials questioned Nadimul Haque, who serves as a director at the company.
The investigation traces its roots to an Enforcement Case Information Report (ECIR) filed by the federal agency. This was triggered following an initial FIR registered by the Bidhannagar Police Commissionerate. Beyond the alleged financial discrepancies and money laundering concerns, the police investigation has also included allegations related to the dissemination of material promoting communal disharmony.
As the probe progresses, forensic experts are analyzing digital documents and bank statements recovered during the raids. The focus remains on establishing a clear trail for the funds and identifying any potential violations of the Prevention of Money Laundering Act (PMLA).
Because Akhbar-E-Mashriq is a private limited company, it is not listed on public stock exchanges, meaning there is no direct impact on equity market valuations. However, the case highlights the ongoing governance and regulatory scrutiny facing entities with political affiliations. For stakeholders and observers, the key monitorable will be the findings of the forensic audit and any subsequent legal action taken by the agency as it reconciles the questioned financial transfers.