The ED case of money laundering against the AAP minister stems from an August 2017 FIR by the CBI against him and others on charges of alleged possession of disproportionate assets
As the Enforcement Directorate (ED) on Monday captured Delhi government serve Satyendar Jain for a situation associated with hawala exchanges connected with Kolkata-based organizations, here’s all you want to be familiar with Jain and the case.
Jain is the clergyman of Health, Home, Power and PWD, among others, in the Aam Aadmi Party-drove Delhi government.
The ED instance of tax evasion against the AAP serve originates from an August 2017 first data report (FIR) by the Central Bureau of Investigation (CBI) against him and others on charges of supposed ownership of unbalanced resources.
RS 4.81-CRORE PROPERTIES ATTACHED
The ED in April said it has attached properties worth Rs 4.81 crore of the family and companies “beneficially owned and controlled” by Jain in connection with a money-laundering probe.
The “attached immovable properties worth Rs 4.81 crore belong to Akinchan Developers Pvt. Ltd., Indo Metal Impex Pvt Ltd, Paryas Infosolutions Pvt. Ltd., Manglayatan Projects Pvt. Ltd., J.J. Ideal Estate Pvt. Ltd., Swati Jain, wife of Vaibhav Jain, Sushila Jain, wife of Ajit Prasad Jain, and Indu Jain, wife of Sunil Jain.”
The probe found that “during the period 2015-16, when Satyendar Kumar Jain was a public servant, the 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 repayment of loan taken for the purchase of agricultural land in and around Delhi,” the ED had mentioned.
Reacting to Jain’s arrest, AAP legislator Somnath Bharti slammed the BJP for “misusing” the agency.Kejriwal in February had said that he had learnt from sources that the ED was going to arrest Jain just before the Punjab Assembly elections and accused the Centre of targeting the AAP after realising the Bharatiya Janata Party “would lose” the polls.
The AAP won the Punjab assembly polls in March and has formed its government in the border state with Bhagwant Mann as the chief minister.