The E.D. said, "These amounts were utilized for direct purchase of land or for repayment of loan taken to purchase agricultural land in and around Delhi,” The officials stated the persons named in the attachment order are associates and Jain's family members.
Digital Desk: Delhi Health Minister Satyendar Jain's arrest by the
Enforcement Directorate in a money laundering case has emerged as the latest
breaking point between the Aam Aadmi Party (AAP) and the BJP. While the Delhi
Chief Minister has called the E.D. the case against Jain was "completely
fake and politically motivated," the BJP has accused the AAP convenor of
shielding the corrupt.
Jain has been arrested under criminal sections of the Prevention
of Money Laundering Act (PMLA). The E.D. case was based on a CBI FIR where he
was accused of having laundered money through four companies allegedly linked
to him.
As per the E.D. charge sheet, the investigation revealed that in
2015-16, when Jain was working in the central public works department, four
firms "beneficially owned and controlled by him" received
"accommodation entries (a term used for hawala transfers) to the tune of
Rs 4.81 crore from shell companies against cash transferred to Kolkata-based
entry operators through the hawala route."
In a statement issued last month, the E.D. had said it gave 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; Paris 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 E.D. said, "These amounts were utilized for direct
purchase of land or for repayment of loan taken to purchase agricultural
land in and around Delhi,” The officials stated the persons named in the
attachment order are associates and Jain's family members.
The money laundering case against the Delhi minister stems from
the CBI filed an August 2017 FIR against him and others on charges of alleged
possession of disproportionate assets (DA). The CBI filed a charge sheet in
December 2018, stating that the suspected DA was to the tune of Rs 1.47 crore,
about 217 percent more than his known sources of income during 2015-17.
The Income Tax Department had also examined these transactions
and issued an order attaching "Benami assets" purportedly linked to
Jain.
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