The Ministry of Home Affairs has granted permission to prosecute AAP minister Satyendra Kumar Jain in an alleged disproportionate assets case registered by the Central Bureau of Investigation in 2017, a senior government official disclosed on Thursday.
The MHA nod came after shocking facts regarding benami deals and hawala money transactions allegedly done by the Delhi minister came to fore. According to details of the case, Satyendra Jain allegedly floated or acquired several shell companies in Delhi, which included M/s Akichan Developers Private Limited, M/s Indo Metal Impex Private Limited, M/s Paryas Infosolutions Private Limited M/s Manglayatan Projects Private Limited during FY2009-10 and 2010-11.
These shell companies have any real business. Jain had laundered black money to the tune of Rs 16.39 crore during 2010-11 to 2015-16 through 54 shell companies of three hawala entry operators of Kolkata namely Jeevendra Mishra, Abhishek Chokhani and Rajendra Bansal.
The senior official also informed that after laundering of unaccounted cash and receipt of equivalent amounts in cheques through hawala entry operator and by using black money in the form of unaccounted cash, more than 200 bigha of agricultural land were purchased in names of companies controlled by Jain in the vicinity of unorganized colonies located in Karala, Auchandi, Nizampur, Budhan, North and North-West area of Delhi during last five years."
"On being prosecuted by the Income Tax Department, Satyendra surrendered black money in form of cash of Rs.16.39 crores which was laundered using shell companies of Kolkata for purchasing 200 bigha of the land under Income Disclosure Scheme (IDS) 2016 on benami names of Vaibhav Jain and Ankush Jain. On enquiry, it was found that the duo were in no way connected with the shell companies floated or acquired by Jain during the period of money laundering of Rs.16.39 Crore and the Hawala entry operators of Kolkata who had admitted before Income Tax Authorities that money laundering of Rs.16.39 Crore was done on instruction of Satyendra and receipt of equivalent amount of cash along with commission from Jain," the official shared.
Proceedings under Prohibition of Benami Property Tra-nsaction Act, 1988 were conducted by the competent authority against Satyendra and his shell companies and the same was completed by holding him beneficial owner of shares of shell companies.
