New Delhi: CBI conducts raids at AAP leader Satyender Jain’s home in money laundering case

The CBI on Friday searched the official residence of Delhi Health Minister Satyendar Jain after registering a case against him, his wife and four others in connection with money laundering allegations.

The case has been registered against Jain, his wife Poonam, his alleged associates — Ajeet Prasad Jain, Vaibhav Jain, Sunil Kumar Jain and Ankush Jain.

Four companies — Prayas Info Solutions, Akinchan Developers, Managalyatan Projects and Indo Metal Impex Pvt Limited — were also named in the FIR.
The registration of FIR followed a preliminary enquiry initiated by the agency in April.

“It has been alleged that the minister while functioning as a public servant has amassed assets disproportionate to his known sources of income to the extent of Rs 1.62 crore (approx) during the period of February 14, 2015 to May 31, 2017. His wife and associates have allegedly abetted the commission of the offence,” a CBI spokesperson said here today

The official said searches were conducted at four places including at residential and the company office premises of the accused based in Delhi.

“So far, this has led to recovery of certain incriminating documents,” he said.

The CBI said during enquiry, it was found that the minister and his associates were allegedly involved in …read more