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 Mr. Jain, his wife Poonam, and 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 the FIR followed a preliminary enquiry initiated by the agency in April.
‘Money laundering’
“It has been alleged that the Minister, while functioning as a public servant, amassed assets disproportionate to his known sources of income to the extent of ₹1.62 crore (approx) between February 14, 2015 to May 31, 2017. His wife and associates have allegedly abetted the commission of the offence,” a CBI spokesperson said.
The official added that searches were conducted at four places, including at residential and the company office premises of the accused. “So far, this has led to recovery of certain incriminating documents.”
The CBI said that during its inquiry, it was found that the Minister and his associates were allegedly involved in money laundering to the tune of ₹4.63 crore during 2015-16 through shell companies based in Delhi.