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Money laundering case: ED conducts raids at multiple locations across Delhi against Delhi HM Satyendar Jain

By Priyanka Verma 
Updated Date

New Delhi: On Friday morning, An official said, The Enforcement Directorate carried out raids at multiple locations in the National Capital Region (NCR) in connection with a money laundering case against Delhi minister Satyendar Jain and his associates.

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The ED conducted the search operations under the Prevention of Money Laundering Act (PMLA), 2002. At least 10 residential and business locations are being covered by the officials of the federal probe agency under the searches.

AAP leader and Delhi health minister, 57-year-old, was arrested by the Enforcement Directorate on May 30 under the criminal sections of the Prevention of Money Laundering Act (PMLA) and is in judicial custody at present.

On June 6, The probe agency seized 2.85 crore cash and 133 gold coins weighing 1.80 kilograms from Jain’s aides during its day-long raid. In previous raids in the case, the ED has also claimed to have seized various incriminating documents and digital records.

In April the probe agency said, “Investigations by the ED revealed that during 2015-16, when Satyendar Kumar Jain was a public servant, the above-mentioned companies beneficially owned and controlled by him received accommodation entries to the tune of ₹4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through hawala route. These amounts were utilised for direct purchase of land, or for the repayment of loans taken for purchase of agricultural land in and around Delhi.”

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