On Monday, Delhi Health Minister Satyendar Jain was arrested by the Enforcement Directorate in a money laundering case. He was accused of having money laundered by four companies that were allegedly linked to him.
In the last month, immovable properties were attached by the Enforcement Directorate which were worth Rs.4.81 crore and belonged to the companies – viz Akinchan Developers Pvt Ltd, Indo Metal Impex Pvt. Ltd, Paryas Infosolutions Pvt Ltd, Manglayatan Projects Pvt Ltd and JJ Ideal Estate Pvt Ltd.
In a statement, the Enforcement Directorate had said “Investigation by the ED revealed that during the period 2015-16, when Sh. Satyendar Kumar Jain was a public servant, the above mentioned companies beneficially owned and controlled by him received accommodation entries to the tune of Rs.4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through the Hawal route. These amounts were utilised for direct purchase of land or for the repayment of loan taken for the purchase of agricultural land in and around Delhi.”
