NEW DELHI: Several teams of the Enforcement Directorate (ED) on Monday carried out searches at over nine locations on the premises linked to the arrested Delhi minister and Aam Aadmi Party (AAP) leader Satyendar Jain and others in connection with a money laundering case.
An ED official related to the probe told The New Indian, that several teams of the agency are carrying out searches since morning under the sections of the Prevention of Money Laundering Act.
He said that the financial probe agency carried out searches at the premises of Jain, who was arrested in connection with the hawala transaction case.
The official said that a team of seven officials reached the premises of Jain around 7 in the morning.
The ED official said Jain was arrested on May 30 in connection with hawala transactions related to a Kolkata-based company.
In 2018, ED questioned the AAP MLA in connection with the case. The financial probe agency, in April this year, has attached properties worth Rs 4.81 crore of the family and companies “beneficially owned and controlled” by Jain in connection with a money-laundering probe.
In a statement, the ED said it has issued a provisional order under the PMLA for the attachment of the assets.
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, JJ Ideal Estate Pvt Ltd, Swati Jain, wife of Vaibhav Jain, Sushila Jain, wife of Ajit Prasad Jain, and Indu Jain, wife of Sunil Jain.”
The probe found that “during the period 2015-16, when 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”.
“These amounts were utilised for direct purchase of land or for repayment of loan taken for the purchase of agricultural land in and around Delhi,” the ED had mentioned.
The ED case of money laundering against the AAP minister is based on a CBI FIR registered against Jain in August 2017 on charges of alleged possession of disproportionate assets.
The arrest of Jain has led to a fresh war of words between the AAP and the BJP government at the centre.