The Enforcement Directorate (ED) arrested Delhi minister Satyendar Jain in reference to a cash laundering case on Monday. The probe company alleged that the Delhi minister was concerned in hawala transactions with a Kolkata-based agency in 2015-16.
The company had mentioned final month that belongings price Rs 4.81 crore of Jain’s household and corporations “beneficially owned and controlled” by him had been provisionally connected as a part of a cash laundering probe in opposition to him. In 2018, the ED had questioned the Aam Aadmi Party (AAP) chief in reference to the case.
The ED case relies on a 2017 FIR of the CBI in opposition to Jain beneath the Prevention of Corruption Act. The CBI grievance had mentioned Jain couldn’t clarify the supply of funds obtained by 4 firms wherein he was a shareholder. The company had registered a case in opposition to him, his spouse and 4 others on fees of corruption. The CBI has additionally questioned him within the case earlier.
It had mentioned that Rs 4.63 crore was allegedly obtained via Prayas Info Solutions, Akinchan Developers, Managalyatan Projects and Indo-Metal Impex Pvt Limited in 2015-16. They had mentioned Jain and his spouse had been allegedly holders of one-third of the shares in these firms throughout the interval.
The CBI has alleged that Jain had management over these firms both as a administrators or by holding one-third of the shares of those firms in his identify or within the names of his members of the family or others.
Delhi Deputy Chief Minister Manish Sisodia hit out on the BJP, saying that the saffron occasion was fearful of shedding the upcoming meeting polls in Himachal Pradesh, the place Jain is Aam Aadmi Party’s election in-charge.
“A fake case is being run against Satyendar Jain for eight years. Till now ED (Enforcement Directorate) has called many times. In between, ED stopped calling for many years as they did not get anything. Now they started again because Satyendar Jain is the election in-charge of Himachal,” Sisodia tweeted.
“BJP is losing badly in Himachal. That is why Satyendar Jain has been arrested today so that he cannot go to Himachal. He will be released in a few days as the case is completely fake,” he added.
During an AAP rally in January this 12 months, AAP convenor and Delhi CM Arvind Kejriwal had quoted “his sources” telling him that Jain would seemingly be arrested by the ED. “From our sources, we have got to know that right before Punjab polls, in the coming few days, the ED is going to arrest Satyendar Jain. They are most welcome. Previously too, the centre had conducted raids on Satyendar Jain but got nothing,” he had advised reporters earlier than the Punjab Assembly elections.
Source: www.financialexpress.com”