ED starts interrogation of jailed Delhi minister Satyendar Jain’s wife in money laundering case

The Enforcement Directorate on Monday began questioning of jailed Delhi Health Minister Satyendar Jain’s wife Poonam Jain in a money laundering case, news agency ANI reported.

Jain, 57, was detained on May 30 under the Prevention of Money Laundering Act (PMLA) in connection with suspicious hawala transactions in 2015-16 with a Kolkata-based business.

In the hawala system, two parties exchange money through local agents on their behalf without having to cash through traditional banking channels.

In August 2017, the Central Bureau of Investigation (CBI) filed a complaint against Jain and his family for alleged money laundering of up to Rs 1.62 crore.

According to the CBI, Jain and his family used four shell businesses (companies with no actual activity) to launder Rs 11.78 crore in 2011-12 and Rs 4.63 crore in 2015-16.

The Enforcement Directorate began its investigation after receiving the CBI’s First Information Report, or FIR. As part of the probe, the ED in April attached assets worth Rs 4.81 crore belonging to Jain’s family and firms “profitably owned and managed” by them.

He is suspected of money laundering through four allegedly related entities. According to the Enforcement Directorate, the money was used to buy land.

Jain’s counsel had earlier said that he did not have control of the firms as he owned such a small percentage.

Jain’s arrest triggered a new battle between Delhi Chief Minister Arvind Kejriwal and the national government over alleged use of government agencies to intimidate political opponents.

On June 27, a special CBI court extended Jain’s judicial custody till July 11.

(with inputs from ANI)

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