• Associate Sponsor

CBI registers FIR against Satyendar Jain in money laundering case

Jain allegedly provided cash through his employees and associates to the entry operators and shell companies who provided accommodation entries and routed back the money in Jain’s companies.

By: Express Web Desk | New Delhi | Updated: August 25, 2017 3:57 pm
satyender jain, satyendar jain, delhi health minister satyendar jain, satyender jain money laundering case, complaint against satyender jain, india news Delhi Health Minister Satyendar Jain (File Photo)

The CBI on Friday registered an FIR against Delhi’s Health Minister Satyendar Jain in a money laundering case. Jain is alleged to have laundered Rs 4.63 crore in 2015-16 through the companies run by him including Prayas Info Solutions Pvt Ltd, Akichand Developers Pvt Ltd and Mangalyatan Project Pvt Ltd besides Indo-Metal Index Pvt Ltd.

Earlier in April, the investigating agency initiated a Preliminary Enquiry (PE) against Jain and others to probe alleged money laundering by the serving minister and influencing decisions by abusing his office to seek change in land use policy for the plots allegedly acquired through laundered money.

The agency has now converted the PE into an FIR to carry out detailed probe, the sources said. “CBI reached my home for search,” Jain posted on Twitter today.

//platform.twitter.com/widgets.js

According to PTI sources, Jain had laundered Rs 11.78 crore during 2010-12 through Kolkata-based entry operators and various shell companies, the sources said. Jain allegedly provided cash through his employees and associates to the entry operators and shell companies who provided accommodation entries and routed back the money in Jain’s companies.

The laundered money was used by the companies run by Jain for purchasing land in the name of his companies. The land acquired by Jain and his companies through the laundered money stands at Rs 27.69 crore, the CBI sources said.

(With PTI inputs)

For all the latest India News, download Indian Express App

  1. P
    Pradeep Kumar
    Aug 26, 2017 at 6:08 am
    It's just beautiful seeing all corrupt antinationals howl.
    (0)(0)
    Reply
    1. P
      Pradeep Kumar
      Aug 26, 2017 at 5:13 am
      Beautiful seeing all the corrupt and antinatiomal crroks complaining loudly.
      (0)(0)
      Reply
      1. D
        Doobta Desh
        Aug 26, 2017 at 4:53 am
        CBI protecting VYAPAM SCAM Accused belonging to BJP/RSS and Shivraj Singh Chauhan Madhya Pradesh CM though Cold Blooded murders of 50 innocent whistleblowers is blamed on them. CBI doing nothing against Jharkhand CM, and his son whose name have been exposed in Panama Papers though Nawaz Sharif pakistan PM has been sacked on same case. Are we becoming worse than Pakistan where CBI do nothing against ruling political elites. Raman's top minister Agarwal and his wife involved in FORESTLAND SCAM. Rs. 1000 Crore Srijan Scam under Nitish Kumar and Sushil Modi Eye happned but CBI will not do anything because it fear BJP/RSS/NDA. There are already many other scams involing top BJP leaders but nothing being done by CBI, ED and IT. Our Country becoming worst country in the world since Modi and Amit Shah grabbed power with lies and deception and did nothing only wasting country's resources and misusing Government agencies to prop up BJP.
        (0)(0)
        Reply
        1. D
          DJ
          Aug 26, 2017 at 4:38 am
          CBI Demonization continues on Oppostion parties on the order of RSS/BJP. There is UNDECLARED EMERGENCY in the country and FEKU is nothing short of a Dictator. Hopefully China may save country in the same way US saved Iraq from Saddam.
          (0)(0)
          Reply
          1. Man
            Aug 27, 2017 at 5:07 am
            The PM is elected by people. How come is he d1ctator. You are Path3tic. Get some real job and take anti depr3ssant.
            (0)(0)
            Reply
          2. P
            Pradeep Kumar
            Aug 25, 2017 at 10:40 pm
            Raid KEJRIWAL'S house. That's where Jains cash is stashed.
            (0)(0)
            Reply
            1. D
              DJ
              Aug 26, 2017 at 4:42 am
              No, Cash was delivered at Feku house while he was CM of Gujarat. Birla Sahara Dairies have mentioned the payments. What they are accusing Satendra jain is not even one percent of what Former Gujarat CM name has been mentioned.
              (0)(0)
              Reply
              1. Man
                Aug 27, 2017 at 5:09 am
                Court could not prove but you did, wow, gopi chand jasoos!! Stop spreading l1es
                (0)(0)
            2. Load More Comments
            Adda