Court to consider chargesheet against Delhi minister Satyendar Jain, wife in DA case on Dec 17
A Delhi court has fixed December 17 for consideration of the chargesheet filed against Delhi minister Satyendar Jain for allegedly amassing assets of Rs 1.47 crore, disproportionate to his known sources of income.
Special Judge Arun Bhardwaj said he would consider on December 17 whether to take cognisance of the chargesheet filed by the Central Bureau of Investigation (CBI), which is likely to file additional documents on the next date of hearing.
According to the central probe agency, the "ill-gotten money" was allegedly routed to four companies controlled by Jain and his relatives through "accommodation entries" -- a term used for "hawala" transfers -- in Kolkata-based shell companies.
It alleged that Jain's wife Poonam was actively involved in the process and hence, she was made an accused in the chargesheet, along with the minister's business associates and relatives -- Ajit Prasad Jain, Vaibhav Jain, Sunil Kumar Jain and Ankush Jain.
Jain, the minister for health, home, power, PWD, industries, urban development and flood and irrigation in the Delhi government of the Aam Aadmi Party (AAP), was a director in all but one -- Mangalyatan Projects -- it alleged.
Although he had resigned from the directorship before the 2013 Delhi Assembly polls, his family members continued to hold shares in these companies and his shares were transferred on February 10, 2015 to his wife, through whom he had kept "effective" control over the firms, the agency alleged.
It alleged that Jain was assisted in routing this "ill-gotten money through shell companies" by chartered accountant JP Mohta and "hawala" operator Rajendra Bansal.
The agency claimed that Satyendar and Vaibhav Jain had sent money to Bansal, who in turn provided accommodation entries in the form of share application money in the said firms from the shell companies between 2010 and 2016 -- even after the former had become a minister in the Delhi government.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Western Court
- Consumer Court
- 100 Crore Club
- New Delhi
- Government of Delhi
- Supreme court
- Legal case
- Commercial Bank International CBI
- Oru CBI Diary Kurippu
- Chikungunya virus infection
- Ankush Jain
- Delhi court
- Ajit Prasad Jain
- Delhi minister Satyendar Jain