The Enforcement Directorate (ED) on Monday conducted raids on Delhi Health Minister Satyendra Jain’s residence and five other locations in connection with the 2015 money laundering case. The raids came a week after Jain was arrested by the Central agency on May 30. A day later a trial court in Delhi sent Jain to ED custody.
Jain’s arrest followed attachment of immovable properties worth Rs 4.81 crore by the ED in on April 5 this year. These properties were owned by Akinchan Developers, Indo Metal Impex, Prayas Infosolutions, Mangalayatan Projects and JJ Ideal Estate, which had received Rs. 4.81 crore worth of accommodation entries through some Kolkata-based hawala operators. Jain owned and controlled these companies while he was a minister in the AAP government in Delhi. The ED launched its own investigation on the basis of an FIR filed by the CBI under the Prevention of Corruption Act.
According to ED officials, separate teams carried out searches at six places in Delhi, including Jain’s residence, and one in Gurugram. Ram Prakash Jewellers in Southeast Delhi was one of the premises searched by ED officials during the raids.
Jain is alleged to have floated or bought several shell companies to launder black money worth Rs. 16.39 crore through three hawala operators of Kolkata. He surrendered all this cash under Income Disclosure Scheme (IDS) of the Income Tax Department in 2016 using Benami depositors.
Rajya Sabha MP and senior AAP leader condemned the raids as ‘an act of torture’. Singh said, “This is an act of torture, not an act of raid because Satyendar Jain has been questioned for 5 days. He is an honest person and he is serving Delhi in such a way that his name is being recognized all over the world.”
Delhi Chief Minister Arvind Kejriwal had condemned Jain’s arrest and had called his minister a true patriot.