Delhi : First property of Satyendra Jain seized, now arrested

The Enforcement Directorate (ED) on Monday arrested Aam Aadmi Party (AAP) leader and Delhi Health Minister Satyendar Jain in a money laundering case. This action has been taken in the case of hawala transactions related to a Kolkata based company. Earlier, the ED had attached properties worth Rs 4.81 crore of Satyendar Jain’s family and companies in the same case.

People familiar with developments said that Satyendar Jain was arrested under the Prevention of Money Laundering Act in a 2017 case of the Central Bureau of Investigation (CBI), alleging that he had acquired disproportionate assets. Attached immovable properties worth Rs 4.81 crore are Akinchan Developers Pvt Ltd, Indo Metal Impex Pvt Ltd, Prayas Infosolutions Pvt Ltd, Mangalayatan Projects Pvt Ltd, JJ Ideal Estate Pvt Ltd, Swati Jain, wife of Vaibhav Jain, Sushila Jain, wife of Ajit Prasad Jain And Sunil Jain’s wife is Indu Jain.

The ED had said in April that probe found that during the period 2015-16 when Satyendra Kumar Jain was a public servant, cash transfers to Kolkata-based entry operators through hawala route to companies profitably owned and controlled by him. In lieu of this, local entries of Rs 4.81 crore were received from shell companies.

The CBI has already filed a charge sheet in this case in December 2018. In January this year, the Aam Aadmi Party had claimed that the ED could arrest Satyendar Jain ahead of the Punjab Assembly elections, while accusing the Bharatiya Janata Party (BJP) of using federal agencies to target political rivals. . AAP won the Punjab assembly elections in March and formed its government in the border state with Bhagwant Mann as chief minister.