New Delhi — The Enforcement Directorate (ED) on Tuesday said it has attached immovable assets worth ₹7.44 crore belonging to companies allegedly controlled by Aam Aadmi Party leader and former Delhi minister Satyendar Jain. The action, taken under the Prevention of Money Laundering Act (PMLA), follows a provisional attachment order issued on September 15.
The case involves allegations of benami property holdings and disproportionate assets against Jain, his wife Poonam Jain, and others. According to the probe, Jain is accused of acquiring assets beyond his known sources of income during his tenure as a Delhi minister between February 2015 and May 2017.
Earlier in 2022, the ED had attached assets worth ₹4.81 crore belonging to Jain. The fresh attachment comes after the Delhi High Court held that Jain’s close associates, Ankush Jain and Vaibhav Jain, were his “benami holders.” Investigators allege they deposited ₹7.44 crore in cash at the Bank of Baroda’s Bhogal branch as advance tax under the Income Disclosure Scheme of 2016.
The money-laundering case stems from a CBI FIR and chargesheet, which first flagged irregularities in Jain’s financial dealings.
