New Delhi

The Enforcement Directorate (ED) was conducting raids at multiple locations in Delhi-NCR in connection with a Prevention of Money Laundering case involving Delhi minister, Satyendar Jain.

Jain was arrested on May 30 by the ED under section 19 of the PMLA. According to sources, the raids were being conducted among other places, at the office of the promoter of a renowned public school chain in the capital.   

ED is investigating a money laundering case on the basis of an FIR registered by the CBI in 2017 against Jain, his wife Poonam Jain, and accomplices, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain, and Ankush Jain. A chargesheet was filed by the CBI on December 3, 2018 against Jain, his wife Poonam Jain, and the others accused.

It was alleged that Jain, while holding the office as a Minister in the Government of Delhi, during February 2015 to May 2017 had acquired assets which were disproportionate to his known sources of income. 

ALSO READ: Leaders ask Muslims not to protest after Friday prayers

Earlier, the ED had provisionally attached immovable properties worth Rs 4.81 crore belonging to companies beneficially owned and controlled by Jain on March 31, 2022.