The Enforcement Directorate (ED) on Tuesday, 5 April, said it has provisionally attached immovable properties worth Rs 4.81 crore belonging to companies allegedly linked to Delhi minister Satyendar Jain and his relatives.
The properties belonging to Akinchan Developers Pvt Ltd, Indo Metal Impex Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd, JJ Ideal Estate Pvt Ltd & others have been attached in the case under the Prevention of Money Laundering Act, 2002 (PMLA) in a disproportionate assets case.
"Enforcement Directorate (ED), after initiating a money-laundering probe against Delhi Minister Satyendar Jain on the basis of an FIR registered by CBI, provisionally attached immovable properties worth Rs 4.81 crore belonging to his family and firms, under PMLA 2002," the ED said in a statement.
"Companies beneficially owned and controlled by him included Akinchan Developers Pvt Ltd, Indo Metalimpex Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd, JJ Ideal Estate Pvt Ltd, and individuals included Swati Jain, Sushila Jain, Indu Jain under PMLA, 2002," the statement further said.
Charges of Money Laundering
The probe revealed that during the period of 2015-16, the companies owned and controlled by Satyendar Jain received accommodation entries of nearly Rs 4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through the 'hawala route'.
It added, "These amounts were utilised for direct purchase of land or for the repayment of loan taken for purchase of agricultural land in and around Delhi."
The ED alleged that Jain, along with his wife, were shareholders in these companies during the period.
The agency had also questioned the minister in 2018 regarding the charges.
The CBI said that before becoming a public servant, during 2010-12, the Delhi health minister was allegedly involved in laundering Rs 11.78 crore through companies based in New Delhi.