In a massive development, Delhi Health Minister Satyendar Jain on Monday was arrested by the Enforcement Directorate (ED) in the case pertaining to hawala transactions related to a Kolkata-based company. Delhi Health Minister Satyendar Jain's arrest has sent shockwaves in the political streets of India as he held many posts in Arvind Kejriwal's government. Satyendar Jain is the Minister for health, power, home, PWD, industries, urban development, flood, irrigation and water in the Arvind Kejriwal-led government.
Satyendar Jain Arrest Reason
Those wondering about Satyendra Jain arrest reason can read further. Last month, ED had attached properties worth Rs 4.81 crore of the family and companies 'beneficially owned and controlled' by Delhi minister Satyendar Jain. In its official statement, the ED issued a provisional order under the Prevention of Money Laundering Act (PMLA) for the attachment of the assets.
As per ED, the "attached immovable properties worth Rs 4.81 crore belong to Akinchan Developers Pvt. Ltd., Indo Metal Impex Pvt Ltd, Paryas Infosolutions Pvt. Ltd., Manglayatan Projects Pvt. Ltd., J.J. Ideal Estate Pvt. Ltd., Swati Jain, wife of Vaibhav Jain, Sushila Jain, wife of Ajit Prasad Jain, and Indu Jain, wife of Sunil Jain."
Furthermore, the central anti-money-laundering agency had informed that the probe found that during the period 2015-16, when Satyendar Kumar Jain was a public servant, the 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 hawala route.
The ED case of money laundering against the AAP minister stems from an August 2017 FIR by the CBI against him and others on charges of alleged possession of disproportionate assets.