ED Seizes Rs 2.85 Cr Cash, 133 Gold Coins in Raids Against Satyender Jain
GG News Bureau
New Delhi, 8th June. The Enforcement Directorate (ED) seized “unexplained” cash of Rs 2.85 crore and 133 gold coins after raids were conducted at the premises of Delhi minister and AAP leader Satyendar Jain and his alleged connections as part of a money laundering investigation against him.
The ED raided those who “either directly or indirectly assisted” Jain in the process of money laundering.
The cash and coins were “unexplained” and were kept in a “secret” place, the ED said in a statement.
Delhi Minister Satyender Jain was arrested on May 30 under the criminal sections of the Prevention of Money Laundering Act (PMLA) and he is in ED custody till June 9.
The Enforcement Directorate (ED) had conducted searches at about 7 premises, including that of a jeweller, in Delhi and some neighbouring locations on Monday.
Satyender Jain, a minister without portfolio (currently) in the Kejriwal government, is being investigated by the ED under the PMLA on charges of alleged hawala dealings.
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