Execution Directorate (ED) on On Monday, Delhi’s Energy Minister Satyendar Jain was arrested in a money-laundering issue. case based on A CBI first information Submit the report against AAP leader in 2017 under prevention of Corruption law where he was accused of after washing money Through four companies allegedly associated with him.
Last month , ED temporarily attached immovable property worth 4.81 crores Belong to these companies and v one—viz Akinchan Developers Pvt Ltd, Indo Metal Impex Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd, JJ Ideal Estate Pvt Ltd. Apart from this, the properties owned by Swati Jain, Sushila Jain, Ajit Prasad Jain and Indu Jain are attached in Emerging issue out of condition of Disproportionately assets.
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“The investigation by the Emergency Department revealed that during the period 2015-16, when U.S. Satindar Kumar Jain was public Servant, the above companies beneficially owned and controlled received accommodation entries for melodious of Rs 4.81 crore from shell companies against cash Moved to Kolkata based entry operators Via hawala. These amounts have been used for directly purchase of earth or for repayment of take out the loan for purchase of Agricultural Land in And about Delhi,” ED . said in statement then.
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excellentED recently called Jain for Questioning in the case. I questioned him earlier in 2018.
The CBI complaint said Jain could not explain the source of Funds received by four companies in who was a contributor. I registered a case against He and his wife and four others on shipment of corruption. CBI has also interrogate him in case earlier.
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It said Rs 4.63 crore was allegedly received through Prause Info Solutions, Akinchan Developers, Managalyatan Ventures and Indo Metal Impex Pvt Ltd. in 2015-16. They said that Jane and his wife were allegedly pregnant of one-Third of The shares in These companies during the period.
CBI claimed that Jain had control over These companies either as managers or by holding one-Third of The shares of these companies in his name is in Names of for him family members or others.
Kan agency also He claimed that these were dummy companies used for parking money in the form of Investments in the financial value shares in collusion with Phantom companies based in Kolkata.
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Apart from this, CBI said “before it became public A servant, allegedly involved in laundering 11.78 crore during 2010-12 through these companies as well as other companies also Based on in New Delhi.”
Allegedly, the money used to purchase over 200 pegas of Earth in Oshindi, Bwana, Kerala and Muhammed Mzvi villages in CBI sources said that in Delhi between 2010 and 2016.
The AAP has denied the allegations of the CBI and said the reports of Jain involvement in The shell companies and benami land deals were “unfounded”.
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