Enforcement Directorate (ED) arrested Delhi Health minister Satyendar Jain in a money-laundering case, Monday evening. The Rs. 4.8 crore matter is based on a CBI FIR lodged against the AAP leader in 2017 under the Prevention of Corruption Act where he was accused of having routed money through four Kolkata-based companies linked to him.
The CBI complaint noted that Jain could not explain the source of funds received by the companies in which he was a shareholder. The case is registered against him, his wife and four others. Earlier in 2018, the minister had been questioned by both, the CBI and ED.
Last month, the ED provisionally attached immovable properties worth Rs 4.81 crore belonging to these companies — Akinchan Developers Pvt Ltd, Indo Metal Impex Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd and JJ Ideal Estate Pvt Ltd. This apart, properties belonging to Swati Jain, Sushila Jain, Ajit Prasad Jain and Indu Jain have been attached on grounds of “disproportionate assets.”
“Investigation by the ED revealed that during the period 2015-16, when Jain was a public servant, the above-mentioned companies beneficially owned and controlled by him, received accommodation entries to the tune of Rs 4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through the Hawala route. These amounts were utilised for direct purchase of land or for the repayment of loan taken for purchase of agricultural land in and around Delhi,” the ED issued a statement.
He is accused of parking money in the form of investments in equity shares in the Kolkata-based shell companies. The CBI has further alleged that Jain controlled these companies either as a director or by holding one-third of the shares in each, in his name or in the names of his family members.
The funds were allegedly used to purchase over 200 bighas of land in Auchandi, Bawana, Karala and Mohammed Mazvi villages in Delhi between 2010 and 2016, CBI sources added. Meanwhile, AAP party has cried foul and charged the ruling BJP with misusing the agency to “settle political scores.”
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