Piyush Jain was handling the accused companies' business affairs and receiving an approximate sum of Rs. 3.5 crore, which was nothing more than the proceeds of criminal activity..
Digital Desk: The Enforcement Directorate (ED) made its first arrest in connection to Rajasthan’s Jal Jeevan Mission scam on Thursday. Allegedly, public servants were influenced and bribed to get JJM contracts by some contractors. The arrested person is Piyush Jain, and he is accused of money laundering in the case.
The ED informed that Piyush Jain was arrested on Thursday and sent to a special court under the Prevention of Money Laundering Act (PMLA).
The Enforcement Directorate started its investigation after a case was registered by the Anti-Corruption Bureau (ACB). It charged that Mahesh Mittal (proprietor of Shree Ganpati Tubewell Company), Padamchand Jain (proprietor of Shree Shyam Tubewell Company), Piyush Jain, and others were involved in giving bribes to public servants to obtain illegal protection, tenders, getting bills sanctioned, and covering up irregularities of the works executed (from PHED) by them, ANI quoted ED’s statement.
Further investigation by the ED showed that Piyush Jain was handling the accused companies' business affairs and receiving an approximate sum of Rs. 3.5 crore, which was nothing more than the proceeds of criminal activity, the ED informed.
“Earlier, ED had conducted searches at more than 70 premises leading to the seizure of Rs. 11.03 crore, including gold and silver worth Rs. 6.50 crore, till date,” news agency ANI informed.
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