Crores in cash and also gold coins and also bars evaluating almost 2 kilos were seized by the Enforcement Directorate throughout searches at the facilities of Delhi minister Satyendar Jain, his better half Poonam Jain, and also his associates and others included in laundering money. Arvind Kejriwal’s health minister was apprehended by the agency on May 30 in a money laundering case. He is presently in the ED’s custody.
The financial probe agency recuperated Rs 2.82 crores in cash and gold evaluating 1.8 kg up until now, while the Aam Aadmi Party minister has actually been charged with laundering over Rs 16 crore through hawala transactions with the aid of his better half, children, and buddies.
One of the implicated had supplied accommodation entrances for the transfer of land from a firm beneficially owned by Satyendar Jain to the family members of various other accomplices to “alienate the residential or commercial property and also to discourage the procedure of confiscation”, the ED claimed in a declaration.
The agency likewise seized numerous incriminating papers and also electronic documents from the facilities. “The cash and also gold from an inexplicable resource were located to be secreted in the said facilities and also were seized under the PMLA,” the agency claimed.
The ED had actually started the money-laundering investigation based on an FIR registered by the CBI in August 2017 under the Prevention of Corruption Act against Satyendar Jain, Poonam Jain, Ajit Prasad Jain, and also his son Vaibhav, and Sunil Kumar Jain and also his son Ankush.
The CBI submitted a chargesheet in the case in December 2018, specifying that Satyendar Jain, as a minister in the Federal Government of Delhi in between February 2015 and May 2017, had actually obtained properties “out of proportion to his recognized incomes”. His better half and also company partners – Ajit Prasad Jain, Sunil Kumar Jain and also their kids – were additionally named.
This March, the ED had actually provisionally connected immovable properties worth Rs 4.81 crore of business beneficially owned and also controlled by Satyendar Kumar Jain.
In March 2016, 1.5 lakh shares of a Delhi-based company were marketed by Satyendar Jain’s better half Poonam to a Kolkata-based shell company for Rs 15 lakh. This, according to the probe agency, developed the link in between Satyendar Jain and also the Kolkata-based shell company.
The record likewise has information of Satyendar Jain’s children apparently obtaining massive quantities of cash in their savings account without getting involved in any kind of real companies.