Jain was arrested in a money laundering case connected with Disproportionate Asset (DA) case registered by CBI.
New Delhi: Another setback for AAP leader and Delhi Health Minister Satyendar Jain as a Delhi court on Monday has sent him to 14-day judicial custody in an alleged money laundering case. Jain was arrested in a money laundering case connected with Disproportionate Asset (DA) case registered by CBI.
The Enforcement Directorate (ED) arrested Jain in connection with an alleged hawala transaction related to a Kolkata-based company. The ED filed a money laundering case against the AAP minister based on an FIR filed by the CBI in August 2017 against him and others on charges of alleged possession of disproportionate assets.
The Enforcement Directorate had recently conducted raids against arrested Jain as part of a money-laundering probe linked to an alleged hawala dealings case being conducted against him, officials said. Jain was arrested on May 30 under the criminal sections of the Prevention of Money Laundering Act (PMLA).
On May 31, Delhi Health Minister Satyendar Jain was sent to the custody of the Enforcement Directorate (ED) till June 9 on Tuesday, a day after he was arrested by the agency in a money laundering case.
The CBI court had granted the ED custody of Delhi Health Minister Satyendar Jain even as Delhi Chief Minister Arvind Kejriwal called the arrest a “complete fraud” and said that Jain has been targetted for “political reasons” and that the Aam Aadmi Party neither tolerates nor indulges in corruption.
The Enforcement Directorate (ED) had on arrested Jain in connection with a money laundering case. The agency has alleged Jain’s involvement in hawala transactions with a Kolkata-based firm in 2015-16.
The probe agency had registered a case in this regard in 2017 against the Delhi minister and his family accusing of their involvement in money laundering to the tune of Rs 1.62 crore. The agency has alleged that the minister and his family have formed four shell firms – companies with no real business – to launder Rs 11.78 crore in 2011-12 and Rs 4.63 crore in 2015-16.
Meanwhile, his arrest had drawn sharp reaction from his party leaders. Delhi Deputy Chief MinisterManish Sisodia, in a tweet, had said, “A fake case is being run against Satyendra Jain for 8 years. Till now ED has been called many times. In between, ED stopped calling for many years as they did not get anything. Now started again because Satyendar Jain is the election in-charge of Himachal.”