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NEW DELHI: The Enforcement Directorate (ED) on Tuesday said that it has seized cash worth Rs 2.85 crore and 133 gold coins weighing 1.80 kg from the premises of arrested Delhi Minister Satyendar Jain and his aides in connection with the hawala transaction case involving Kolkata-based companies.
The development comes a day after the financial probe agency carried out searches at the premises of arrested Aam Aadmi Party (AAP) leader Jain and his wife Poonam Jain, and his accomplices and other persons who had either directly or indirectly assisted him or participated in the processes of money laundering namely, Ankush Jain, Vaibhav Jain, Naveen Jain and Siddharth Jain, directors of Ram Prakash Jewellers Pvt Ltd, GS Matharoo, chairman of Lala Sher Singh Jivan Vigyan Trust which runs Prudence Group of Schools, Yogesh Kumar Jain, director in Ram Prakash Jewellers Pvt Ltd., father-in-law of Ankush Jain and Lala Sher Singh Jivan Vigyan Trust.
The ED official said that the money laundering probe revealed that one accomplice member of Lala Sher Singh Jivan Vigyan Trust had provided accommodation entries for the transfer of land from a company beneficially owned by Jain to family members of accomplices to alienate the property and to frustrate the process of confiscation.
“During the search, various incriminating documents and digital records were seized. The cash amounting to Rs 2.85 crore and 133 gold coins weighing 1.80 kg in total from the unexplained source were found to be secreted in the said premises and were seized under PMLA,” the official said.
The ED had registered a case of money laundering based on an FIR registered by CBI in August 2017 against Jain, Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain and Ankush Jain.
The CBI had filed a chargesheet on December 3, 2018, against Jain, Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain and Ankush Jain wherein it has been stated that the AAP leader while holding the office as a Minister in the government of Delhi, during the period February 14, 2015, to May 31, 2017, had acquired assets which are disproportionate to his known sources of income.
CBI has accused Jain, his wife and his business associates – Ajit Prasad Jain, Sunil Kumar Jain, Ankush Jain and Vaibhav Jain – for commission of offences under the Prevention of Corruption Act, 1988.
The ED had earlier attached immovable properties worth Rs 4.81 crore belonging to companies beneficially owned and controlled by Jain on March 31 this year.
Jain was arrested on May 30 under section 19 of the Prevention of the Money Laundering Act (PMLA), and he is presently in ED custody till June 9.
A fresh war of words had erupted between the ruling BJP at the centre and the AP. The AP has accused the BJP of misusing the central agencies to harass the political opponents.
