New Delhi. Satyendra Jain, the leader of the Aam Aadmi Party and a minister in the Kejriwal government, is once again in trouble. The Enforcement Directorate (ED) has attached assets worth Rs 7.44 crore to their companies under the Money Laundering Act (PMLA) related to the case of disproportionate assets. This action was taken on 15 September. The CBI had registered a case against Satyendra Jain and his wife Poonam Jain. The CBI alleges that Satyendra Jain raised more wealth than his income while being a minister between February 2015 and May 2017. In this case, the CBI also filed a charge sheet in 2018.
According to the CBI, immediately after demonetisation in November 2016, Satyendra Jain’s close Ankush Jain and Vaibhav Jain had deposited Rs 7.44 crore in the bank. He had shown this money as some companies Akinchan Developers Private Limited, Palas Infoseloration Private Limited, Mangalayatan Projects Private Limited and Indo Metal Impax Private Limited. Later it came to know that these companies were associated with Satyendra Jain. On the basis of investigation, the Income Tax Department and the Delhi High Court considered Ankush Jain and Vaibhav Jain as benami property holders for Satyendra Jain.
ED had also seized assets worth Rs 4.81 crore earlier. Now after the recent action, a total assets worth Rs 12.25 crore have been seized. On the basis of the case registered by the CBI, the ED started an investigation into the money laundering charges related to the case. Earlier, the Supreme Court has dismissed the special permission petitions and reconsideration petitions of Satyendra Jain in this case. In this case, the CBI has accused AAP leader Satyendra Jain, his wife and some other people in their charge sheet.
