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Delhi Minister Satyendra Jain to be prosecuted in DA case, say reports

Jain Had Allegedly Purchased 200 Bighas Of Agricultural Land In The Names Of Companies Controlled By Him In Delhi During Lasts Five Years And Laundered Black Money To The Tune Of Several Crore Of Rupees.

News Nation Bureau | Edited By : Nabanita Chakorborty | Updated on: 29 Nov 2018, 06:47:52 PM
BREAKING: Delhi Minister Satyendra Jain to be prosecuted in DA case (File Photo)

BREAKING: Delhi Minister Satyendra Jain to be prosecuted in DA case (File Photo)

New Delhi:

Ministry of Home Affairs on Thursday granted sanction to prosecute Satyendra Kumar Jain, Minister in Government of NCT of Delhi in a case registered by the Central Bureau of Investigation (CBI) on August 24, 2017, for acquiring assets disproportionate to his known sources of income. The case was registered against Jain for allegedly amassing an illegal wealth of Rs 1.62 crore between 2015 and 2017. The agency said the DA case against Jain was the outcome of a preliminary enquiry (PE) against him in April into alleged laundering of Rs 16 crore.

Jain while holding office in the Delhi government was found to be involved in the laundering of Rs 4.63 crore through shell companies, the CBI alleged, adding that the minister used his influence to push for the declaration of areas where he purchased land as residential areas by the revenue department for financial benefits.

Read | Money laundering case: CBI questions Delhi minister Satyendra Jain

In its FIR  registered under the Prevention of Corruption Act, the CBI also named four associates of Jain -Ajeet Prasad Jain, Vaibhav Jain, Sunil Jain and Ankush Jain - who reportedly operated shell companies on behalf of the AAP minister during 2015-16. The FIR also said Jain's wife Poonam abetted him, along with others.

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Four shell companies allegedly controlled by Jain - Prayas Info Solutions, Akinchan Developers, Mangalyatan Projects and Indo Metal Impex Pvt Limited -were named in the FIR.

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First Published : 29 Nov 2018, 05:52:55 PM