Money laundering case: Preliminary inquiry against Satyendra Jain

An Income Tax department investigation into Hawala deals allegedly made by Delhi Health Minister Satyendra Jain might land him in big trouble.

New Delhi, Apr 11: The Central Bureau of Investigation on Tuesday has registered a preliminary enquiry against Delhi Health Minister Satyendra Jain to inquire in alleged money laundering case. It is learnt that Jain was involved in money laundering to the tune of Rs 4.63 crore while being a public servant during 2015-16.

The allegations against Jain also include purported money laundering to the tune of Rs 11.78 crore during 2010-12 through these companies and Indometal Impex pvt limited.

The matter was referred to the CBI by Income Tax Department against the new Benami Transactions Prohibitions Act.

Talking about the modus operandi, agency officials had said companies controlled by Jain had received Rs 16.39 crore from 56 shell firms belonging to three hawala operators - Jivendra Mishra, Abhishek Chokhani and Rajendra Bansal - all based in Kolkata.

The Income Tax Department is also closely looking at transactions between Jain and his wife. Bank statements shows that his wife transferred huge amounts which do not match with the Income tax returns filed.

Jain, a close confidante of Kejriwal, has denied any wrongdoing and or any connection with the hawala operators.

OneIndia News (with PTI inputs)