38.6c New Delhi, India, Tuesday, April 23, 2024
Crime, Police And Law

2 Crore Cash, 133 Gold Coins Discovered In Raids Linked To Arrested Delhi Minister, Satyendar Jain

By Shashwata Sahu      07 June, 2022 06:14 PM      0 Comments
Raids Linked To Arrested Delhi Minister Satyendar Jain

In the alleged corruption case, the Enforcement Directorate (ED) has recovered over Rs 2 crore in cash and jewellery from the aides of Delhi Minister Satyendar Jain. On Monday, searches were conducted at Satyendar Jain's home and the residences of his aides.

As per sources, Ram Prakash Jeweller has been found with Rs 2.23 crore in cash, while Vaibhav Jain has been caught with Rs 41.5 lakh in cash (estimated) and 133 gold coins.

Officials said the Enforcement Directorate conducted raids against arrested Delhi minister Satyendar Jain as part of a money-laundering investigation linked to a suspected hawala dealings case. The raids, which included those at Jain's home in Delhi and other sites, were carried out as part of a "follow up" on the case, they added.

Arvind Kejriwal, the AAP convener and Delhi Chief Minister, hit out at the Centre in the wake of recent ED raids against Satyendar Jain and his aides. CM Kejriwal said that,

"At present, the Prime Minister is with full force behind the Aam Aadmi Party - especially the governments of Delhi and Punjab... Lie after lie... You have the power of all agencies, but God is with us."

On Twitter, BJP leader Kapil Mishra, while slamming the Delhi Health Minister and CM Kejriwal, wrote that,

"Crores of cash, gold coins are being seized from Satyendra Jain's house, according to Kejriwal, he is an honest man... corruption of Satyendra Jain is only a glimpse, the real mastermind is Kejriwal, Kejriwal's corruption will surprise the world."

On May 30, Jain, 57, was arrested and is being held in ED custody until June 9 under the criminal sections of the Prevention of Money Laundering Act (PMLA).

After questioning Jain and some alleged hawala operators over the last few days, the agency is said to have discovered additional evidence and connections. Officials stated the raids were carried out to learn more about these inputs.

In the Delhi government, Jain is currently a minister without a portfolio. On June 2, over half a dozen of Jain's portfolios were transferred to Deputy Chief Minister Manish Sisodia.

Arvind Kejriwal, the Delhi Chief Minister, defended Jain as a "hardcore honest and patriot" who was "framed in a false case" and expressed hope that the minister would be cleared following the ED investigation.

As part of the investigation, the ED attached assets worth Rs 4.81 crore belonging to Jain's family and companies "beneficially owned and controlled" by him in April.

In a statement then, the ED had said that,

"It issued a provisional order under the PMLA to attach immovable properties worth Rs 4.81 crore belonging 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 investigation found that,

"During 2015 and 2016, 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 (paper) companies against cash transferred to Kolkata-based entry operators through the hawala route."

The ED said that,

"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 named persons in the attachment order are associates and family members of Jain, officials said.

The money laundering case against the AAP minister comes from a CBI FIR filed against him and others in August 2017 on grounds of alleged disproportionate asset possession. The CBI filed a charge sheet in December 2018 alleging that during 2015-17, the claimed disproportionate assets were valued at Rs 1.47 crore, or 217 percent more than his known sources of income. The Income Tax Department had also looked into these transactions and had issued an order freezing "benami assets" tied to Jain.

Share this article:



Leave a feedback about this
TRENDING NEWS

a-critique-of-the-supreme-courts-adventurism-for-lgbtqia-rights
Trending Legal Insiders
Overreaching Jurisdiction: A critique of the Supreme Court's adventurism for LGBTQIA rights

In its over-enthusiasm to protect LGBTQIA+ rights, has the Supreme Court exceeded its constitutional mandate under Article 142? A Delhi University research scholar evaluates the theme.

22 April, 2024 10:48 AM
new-criminal-laws-watershed-moment-for-society-cji
Trending Legal Insiders
New criminal laws watershed moment for society: CJI [Read Inaugural Remarks]

CJI Chandrachud hails new criminal laws as a watershed moment, marking a significant overhaul for the justice system, emphasizing adaptation and technology's role.

22 April, 2024 11:26 AM

TOP STORIES

burden-to-prove-dishonest-damage-to-electric-meter-is-for-electricity-theft-is-on-the-prosecution-says-delhi-hc
Trending Judiciary
Burden to prove dishonest damage to electric meter is for electricity theft, is on the prosecution: Delhi HC [Read Judgment]

Delhi High Court has held that the burden to prove that a person has ‘dishonestly’ damaged an electric meter to commit electricity theft is on the prosecution.

17 April, 2024 05:41 PM
pil-filed-by-ashwini-kumar-upadhyay-in-sc-for-yr-bachelor-of-law-degree-after-class
Trending Judiciary
PIL filed by Ashwini Kumar Upadhyay in SC for 3-yr Bachelor of Law degree after Class XII

PIL by Ashwini Kumar in SC seeks to shorten law degree to 3 years post-Class XII, citing current 5-year span as irrational.

18 April, 2024 11:21 AM
centre-sets-up-high-powered-committee-to-suggest-measures-to-end-discrimination-against-queer-community
Trending Executive
Centre sets up high-powered committee to suggest measures to end discrimination against queer community [Read Order]

Centre forms committee to end discrimination against the queer community, chaired by the Cabinet Secretary, following a Supreme Court directive.

18 April, 2024 12:11 PM
after-karnataka-hc-delhi-hc-sets-aside-government-circular-banning-23-ferocious-dog-breeds
Trending Judiciary
After Karnataka HC, Delhi HC sets aside Government circular banning 23 'ferocious' dog breeds [Read Judgement]

After Karnataka High Court, the Delhi High Court has set aside a Government circular banning 23 'ferocious' dog breeds.

18 April, 2024 01:06 PM

ADVERTISEMENT


Join Group

Signup for Our Newsletter

Get Exclusive access to members only content by email