I-PAC Calls ED Raids 'Unsettling Precedent', Vows Full Cooperation Amid Political Storm

• I-PAC stated that ED raids at its Kolkata office and Director Pratik Jain's residence raise "serious concerns" and set an "unsettling precedent."
• The raids are linked to a money laundering probe in a coal mining scam, prompting strong reactions from West Bengal CM Mamata Banerjee and TMC.
• Mamata Banerjee accused the BJP-led Centre of political vendetta, alleging the ED seized TMC's internal documents and election strategy data.
• The ED claims Mamata Banerjee and her aides removed key evidence, moving the Calcutta High Court, while TMC also moved court against ED.
• Mamata Banerjee led a massive protest in Kolkata, accusing ED of acting as a political tool to "steal" her party's strategy.

Why It Matters: I-PAC condemns ED raids as an "unsettling precedent" but pledges full cooperation amidst political accusations.