CBI registeres case against Delhi Health Minister Satyendar Jain

The CBI has registered a case against Delhi Health Minister Satyendra Jain in connection with allegations of the illegal transaction of Rs 16.41 crore through four companies associated with him.

Besides the Minister, his wife Poonam and two alleged associates Ajeet Prasad Jain, Vaibhav Jain, Sunil Kumar Jain and Ankush Jain are also named in the FIR. Four companies,Prayas Info Solution, Akinchan Developers, Managalyatan Projects and Indo Metal Impex Pvt Ltd also figure in the FIR registered on Friday.

The CBI had in April started a preliminary enquiry against Jain following which the Delhi government termed the agency's action as "politically motivated". The government described it as a "defamatory, malicious and desperate" attempt to malign Jain's image ahead of the civil polls on April 23.

"It has been alleged that the said Minister of Delhi Government while functioning as a public Servant has amassed assets disproportionate to his known sources of income to the extent of Rs 1.62 crore during the period of 14.2.2015 to 31.5.2017. His wife and associates have allegedly abetted the commission of said offence," a CBI statement said.

During the preliminary enquiry, the CBI claimed, it was found that the Jain and his associates were allegedly involved in money laundering to the tune of Rs 4.63 crore in 2015-16 through shell companies based in Delhi."This apart, before becoming a public servant, he was allegedly involved in the laundering of Rs 11.78 crore (approx) during the years 2010-2012 through the above said companies as well as other company also based in New Delhi," the statement said.