New Delhi:
Ministry of Home Affairs on Thursday granted sanction to prosecute Satyendra Kumar Jain, Minister in Government of NCT of Delhi in a case registered by the Central Bureau of Investigation (CBI) on August 24, 2017, for acquiring assets disproportionate to his known sources of income. The case was registered against Jain for allegedly amassing an illegal wealth of Rs 1.62 crore between 2015 and 2017. The agency said the DA case against Jain was the outcome of a preliminary enquiry (PE) against him in April into alleged laundering of Rs 16 crore.
Jain while holding office in the Delhi government was found to be involved in the laundering of Rs 4.63 crore through shell companies, the CBI alleged, adding that the minister used his influence to push for the declaration of areas where he purchased land as residential areas by the revenue department for financial benefits.
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Official Sources: Ministry of Home Affairs has granted sanction of prosecution to prosecute Satyendra Kumar Jain, Minister in Government of NCT of Delhi in a case registered by CBI on August 24, 2017, for acquiring assets disproportionate to his known sources of income. pic.twitter.com/4wXWBl3hIj
— ANI (@ANI) November 29, 2018
In its FIR registered under the Prevention of Corruption Act, the CBI also named four associates of Jain -Ajeet Prasad Jain, Vaibhav Jain, Sunil Jain and Ankush Jain - who reportedly operated shell companies on behalf of the AAP minister during 2015-16. The FIR also said Jain's wife Poonam abetted him, along with others.
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Four shell companies allegedly controlled by Jain - Prayas Info Solutions, Akinchan Developers, Mangalyatan Projects and Indo Metal Impex Pvt Limited -were named in the FIR.
