'Money laundering': ED attaches Rs 7.4 crore assets of AAP leader Satyendar Jain
NEW DELHI: The Enforcement Directorate has attached assets worth Rs 7.4 crore of AAP functionary and former Delhi health minister Satyendar Jain in a disproportionate assets and money laundering case, taking the total value of attachments to Rs 12 crore.
Disclosing its Sept 15 action in a special Rouse Avenue court, ED said it will file another supplementary prosecution complaint (chargesheet) against Jain, who had allegedly acquired properties in the name of his associates and shell entities. The agency has argued that the properties belonged to Jain and his wife.
Most of the alleged transactions date to when Jain was minister, ED said, adding that two of his close associates - Ankush Jain and Vaibhav Jain - had disclosed benami properties worth Rs 16.5 crore during the income disclosure scheme (IDS) floated by the Centre for disclosing black money.
"Under IDS, they claimed beneficial ownership of income/assets of Rs 16.5 crore received between 2011-2016 in accounts of Akinchan Developers Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd and Indo Metal Impex Pvt Ltd, whereas these entities were beneficially owned and controlled by Jain," ED said on Tuesday. "In Nov 2016, soon after demonetisation, Ankush and Vaibhav deposited Rs 7.44 crore in cash in Bank of Baroda's Bhogal branch as advance tax under IDS," it said.
ED’s money laundering probe against Jain, his wife and others is based on a 2017 CBI FIR that had alleged that he, while a minister, had acquired disproportionate assets between Feb 2015 and May 2017. CBI filed a chargesheet in the case in Dec 2018.
Disclosing its Sept 15 action in a special Rouse Avenue court, ED said it will file another supplementary prosecution complaint (chargesheet) against Jain, who had allegedly acquired properties in the name of his associates and shell entities. The agency has argued that the properties belonged to Jain and his wife.
Most of the alleged transactions date to when Jain was minister, ED said, adding that two of his close associates - Ankush Jain and Vaibhav Jain - had disclosed benami properties worth Rs 16.5 crore during the income disclosure scheme (IDS) floated by the Centre for disclosing black money.
"Under IDS, they claimed beneficial ownership of income/assets of Rs 16.5 crore received between 2011-2016 in accounts of Akinchan Developers Pvt Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd and Indo Metal Impex Pvt Ltd, whereas these entities were beneficially owned and controlled by Jain," ED said on Tuesday. "In Nov 2016, soon after demonetisation, Ankush and Vaibhav deposited Rs 7.44 crore in cash in Bank of Baroda's Bhogal branch as advance tax under IDS," it said.
ED’s money laundering probe against Jain, his wife and others is based on a 2017 CBI FIR that had alleged that he, while a minister, had acquired disproportionate assets between Feb 2015 and May 2017. CBI filed a chargesheet in the case in Dec 2018.
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