New Delhi: The Law Enforcement Directorate (ED) on Monday arrested Delhi Health Minister Satyendar Jain in a case believed to be linked to hawala dealings linked to a Kolkata-based company.
Last month, the central agency said that assets worth ₹4.81 crore of Jain’s family and companies ‘owned and controlled by him’ had been provisionally seized as part of an investigation by money laundering against him.
In 2018, the ED interviewed party leader Aam Aadmi (AAP) in connection with the case.
The ED initiated a money laundering investigation based on an FIR registered by the Central Bureau of Investigation (CBI) against Satyendar Jain and others under the relevant sections of the Indian Penal Code and the Corruption Prevention Act.
Investigations by the Financial Investigation Agency revealed that in 2015-2016 when Jain was a civil servant, companies he owned and controlled received up to Rs 4.81 crore from shell companies through the Hawala network , the ED had said earlier, explaining the matter. .
The money was credited to Jain companies against cash transferred to Kolkata-based operators and was used to buy land and repay loans taken out to buy farmland in and around Delhi, the agency said in a statement.