Ministry of Home Affairs on Thursday granted sanction to the Central Bureau of Investigation (CBI) to prosecute Delhi Chief Minister Arvind Kejriwal’s money bag and PWD, Health kind plum portfolio holding Minister Satyendra Kumar Jain. CBI has registered a case in August 2017 against Jain for acquiring assets disproportionate to his known sources of income. Satyendra Jain is also facing cases registered by Enforcement Directorate and Income Tax prosecution for holding huge volume of benami properties.
Satyendra Jain floated/ acquired several shell companiesin Delhi, which included M/s Akichan Developers Private Limited, M/s Indo Metal Impex Private Limited, M/s ParyasInfosolutions Private Limited and M/s Manglayatan Projects Private Limited during F.Y.2009-10 and 2010-11.
The money laundering activity and huge property embezzlement of PWD and Health Minister Satyendra Jain has exposed the Aam Admi Party (AAP) led by Arvind Kejriwal, who was once portrayed as an anti-corruption crusader. The Chargesheets against Jain shows that he had 54 shell companies and clearly involved in hawal and money laundering operations.
“Satyendra Jain floated/ acquired several shell companiesin Delhi, which included M/s Akichan Developers Private Limited, M/s Indo Metal Impex Private Limited, M/s ParyasInfosolutions Private Limited and M/s Manglayatan Projects Private Limited during F.Y.2009-10 and 2010-11. These shell companies do not have any real business. Shri Jain had laundered black money of Rs.16.39 Cr. during F.Y. 2010-11 to 2015-16 through 54 shell companies of three hawala entry operators of Kolkata namely Jeevendra Mishra, Abhishek Chokhani and Rajendra Bansal.
“After laundering of unaccounted cash and receipt of equivalent in amounts in cheques through hawala entry operator and by using black money in the form of unaccounted cash, more than 200 bigha of agricultural land were purchased in names of companies controlled by Shri Jain in the vicinity of unorganized colonies located at Karala, Auchandi, Nizampur, Budhan, North & North-West area of Delhi during lasts five years,” said the investigating agencies.
On being prosecuted by the Income Tax Department, Satyendra Jain surrendered black money in form of cash of Rs.16.39 crores which was laundered using shell companies of Kolkata for purchasing 200 bigha of the land under Income Disclosure Scheme 2016 on benami names of Vaibhav Jain and Ankush Jain. On enquiry, it was found that Vaibhav Jain and Ankush Jain were in no way connected with the shell companies floated/acquired by Shri Jain during the period of money laundering of Rs.16.39 Cr. and the Hawala entry operators of Kolkata who had admitted before Income Tax Authorities that money laundering of Rs.16.39 Cr. was done on instruction of Satyender Jain and receipt of equivalent amount of cash along with commission from Jain, said a senior Income Tax official.
Jain admitted in the writ petition before Delhi High Court in case of M/s Akichan Developers Private Limited that the black money of Rs.16.39 Cr. was actually laundered using shell companies controlled by three hawala entry operators of Kolkata. Jain had further surrendered the black money of Rs.16.39 Cr (which was laundered) under Income Disclosure Scheme, 2016. These facts prove that laundering of black money by Jain is an undisputed fact.
The efforts of the AAP Government to regularize unauthorized colonies during first tenure of AAP government from 28.12.2013 to 14.02.2014 and present tenure is linked with the investment in agricultural land by Jain. The proposed regularization of unauthorized colonies will convert these agricultural lands into residential and commercial land which will provide huge returns on the investment by Jain. These incidents clearly shows that top AAP leaders including Chief Minister Arvind Kejriwal was enjoying the fruits of power.
It must be remembered that Kejriwal had expelled his Cabinet Colleague Kapil Mishra for making public that he had once seen Satyendra Jain was handing over loads of cash to Kejriwal. Already BJP leader Subramanian Swamy had filed Sanction to Prosecute Kejriwal and Deputy Chief Minister Manish Sisodia for accepting Rs. 2 crore (infamous midnight accounting) from a tax defaulter.