The Enforcement Directorate has got custody of Delhi health minister Satyendar Jain till June 9
New Delhi: The ED told the court that fourteen days of custodial interrogation are required to find sources and trail of money in 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 relevant sections of the Indian Penal Code and the Prevention of Corruption Act.
Investigations by the financial probe agency have revealed that in 2015-2016, when Jain was a public servant, companies owned and controlled by him received up to Rs 4.81 crore from shell companies through the Hawala network, the ED said.
The money was credited to Jain’s companies against cash transferred to Kolkata-based operators and was used to purchase land and repay loans taken to buy agricultural land in and around Delhi, the agency said in a statement.
In April this year, assets worth Rs 4.81 crore linked to the Aam Aadmi Party minister’s family were attached by the ED in a disproportionate assets case.
Jain was arrested by ED last evening.