ED arrests Delhi Health Minister Satyendar Jain in ‘hawala transactions’ case
Delhi State Health Minister Satyendar Jain was arrested by the Enforcement Directorate (ED) on Monday for money laundering through shell companies and land purchases in dubious ways. He was taken into custody under criminal sections of the Prevention of Money Laundering Act (PMLA) after a few hours of questioning, ED officials said. It is well known that Satyendar Jain was handling the money operations of the ruling Aam Aadmi Party (AAP) and the current case is based on an Income Tax case registered in 2017.
Earlier AAP rebel (now in BJP) Kapil Mishra had alleged that he had seen bags of cash transfers by Jain at Chief Minister Arvind Kejriwal’s home. Jain, 57, is the Minister for Health, Industries, Power, Home, Urban Development, and Water in the Arvind Kejriwal-led Delhi State government. The ED had said last month that assets worth Rs.4.81 crore of Jain’s family and companies “beneficially owned and controlled” by him were provisionally attached as part of a money-laundering probe against him.
In a statement issued then, the ED had said 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 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 (paper) companies against cash transferred to Kolkata-based entry operators through the hawala route.”
“These amounts were utilized for direct purchase of land or for repayment of loan taken for the purchase of agricultural land in and around Delhi,” the ED said. The named persons in the attachment order are associates and family members of Jain, officials said. The money laundering case against the AAP minister stems from an August 2017 FIR filed by the CBI against him and others on charges of alleged possession of disproportionate assets. The Income Tax department too had probed these transactions and had issued an order attaching “Benami assets” allegedly linked to Jain.
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