All About the Case Against AAP Leader

Because the Enforcement Directorate (ED) on Monday arrested Delhi authorities minister Satyendar Jain in a case linked to hawala transactions associated to Kolkata-based firms, right here’s all you must find out about Jain and the case.

Jain is the minister of Well being, House, Energy and PWD, amongst others, within the Aam Aadmi Occasion-led Delhi authorities.

The ED case of cash laundering in opposition to the AAP minister stems from an August 2017 first data report (FIR) by the Central Bureau of Investigation (CBI) in opposition to him and others on costs of alleged possession of disproportionate belongings.

Sources instructed CNN-News18 that the ED made the arrest after it discovered lodging entries from Kolkata-based firms.

The sources additional stated that entries have been taken at a time when Jain occupied public workplace.

Rs 4.81-CRORE PROPERTIES ATTACHED

The ED in April stated it has hooked up properties value Rs 4.81 crore of the household and corporations “beneficially owned and managed” by Jain in reference to a money-laundering probe.

The “hooked up immovable properties value Rs 4.81 crore belong to Akinchan Builders Pvt. Ltd., Indo Metallic Impex Pvt Ltd, Paryas Infosolutions Pvt. Ltd., Manglayatan Initiatives Pvt. Ltd., J.J. Superb Property Pvt. Ltd., Swati Jain, spouse of Vaibhav Jain, Sushila Jain, spouse of Ajit Prasad Jain, and Indu Jain, spouse of Sunil Jain.”

The probe discovered that “in the course of the interval 2015-16, when Satyendar Kumar Jain was a public servant, the businesses beneficially owned and managed by him acquired lodging entries to the tune of Rs 4.81 crore from shell firms in opposition to money transferred to Kolkata-based entry operators by way of the hawala route”.

“These quantities have been utilised for direct buy of land or for reimbursement of mortgage taken for the acquisition of agricultural land in and round Delhi,” the ED had talked about.

THEY SAY

Reacting to Jain’s arrest, AAP legislator Somnath Bharti slammed the BJP for “misusing” the company.Kejriwal in February had stated that he had learnt from sources that the ED was going to arrest Jain simply earlier than the Punjab Meeting elections and accused the Centre of focusing on the AAP after realising the Bharatiya Janata Occasion “would lose” the polls.

The AAP gained the Punjab meeting polls in March and has shaped its authorities within the border state with Bhagwant Mann because the chief minister.

With Company Inputs

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