Satyendar Jain money laundering case: In a more trouble for Delhi Chief Minister Arvind Kejriwal, Enforcement Directorate is likely to register a fresh money laundering case against Health Minister Satyendar Jain, according to Times Now report. Jain, who was elected from Shakurbasti assembly constituency, has been in the news over his alleged involvement in money laundering case. Earlier on Friday last, CBI had registered an FIR against the key AAP minister.
It has been learnt that Jain is alleged to have laundered Rs 4.63 crore in 2015-16 through the companies run by him, including Prayas Info Solutions Pvt Ltd, Akichand Developers Pvt Ltd and Mangalyatan Project Pvt Ltd besides Indo-Metal Index Pvt Ltd. Earlier in April, the investigating agency initiated a Preliminary Enquiry (PE) against Jain and others to probe alleged money laundering by the serving minister and influencing decisions by abusing his office to seek change in land use policy for the plots allegedly acquired through laundered money. The CBI had converted the PE into an FIR to carry out a detailed probe, the sources said. “CBI reached my home for a search,” Jain posted on Twitter today.
It has been learnt Jain had allegedly laundered Rs 11.78 crore during 2010-12 through Kolkata-based entry operators and various shell companies, PTI had reported earlier. Jain allegedly provided cash through his employees and associates to the entry operators and shell companies who provided accommodation entries and routed back the money in Jain’s companies. The laundered money was used by the companies run by Jain for purchasing land in the name of his companies.
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The land value acquired by Jain and his companies through the laundered money stands at Rs 27.69 crore, an Indian Express report said.