Delhi Health Minister Satyendar Jain has been arrested by the Enforcement Directorate in an alleged cash laundering case. The probe company alleged that the minister within the Arvind Kejriwal authorities was concerned in hawala transactions with a Kolkata-based agency in 2015-16. A hawala system entails two events transacting cash with native brokers on their behalf with out the funds really passing by means of formal banking channels.
The Central Bureau of Investigation (CBI) had filed a case in opposition to Mr Jain and his household in August 2017 for alleged cash laundering as much as Rs 1.62 crore. The CBI alleged Mr Jain and his household arrange 4 shell corporations – corporations with no actual enterprise – to launder Rs 11.78 crore in 2011-12 and Rs 4.63 crore in 2015-16. The Enforcement Directorate began its probe into the cash laundering allegations based mostly on the CBI’s first info report, or FIR.
The arrest would possible spark a contemporary conflict between Arvind Kejriwal, the Chief Minister of Delhi, a Union Territory, and the central authorities, which the Aam Aadmi Party (AAP) and different opposition leaders like Mamata Banerjee and Telangana’s Ok Chandrashekar Rao have usually alleged used central companies to harass them.
Delhi Deputy Chief Minister Manish Sisodia tweeted this night the arrest was made with an eye fixed on the upcoming election in Himachal Pradesh, the place Mr Jain is the AAP’s in-charge.
“A fake case is being run against Satyendar Jain for eight years. Till now ED (Enforcement Directorate) has called many times. In between, ED stopped calling for many years as they did not get anything. Now they started again because Satyendar Jain is the election in-charge of Himachal,” Mr Sisodia tweeted.
“BJP is losing badly in Himachal. That is why Satyendar Jain has been arrested today so that he cannot go to Himachal. He will be released in a few days as the case is completely fake,” the Deputy Chief Minister stated.
Elections within the BJP-ruled hill state might be held later this 12 months. The AAP is eyeing a win, assured of beginning a streak since its first victory in a full-fledged state, Punjab, earlier this 12 months.
The arrest additionally comes almost two months after properties price Rs 4.81 crore owned by the Aam Aadmi Party chief and his household had been hooked up by the Enforcement Directorate.
Mr Kejriwal throughout an AAP rally in January this 12 months had stated his sources have informed him that his colleague Satyendar Jain would possible be arrested by the Enforcement Directorate.
“From our sources, we have got to know that right before Punjab polls, in the coming few days, the ED is going to arrest Satyendar Jain. They are most welcome. Previously too, the centre had conducted raids on Satyendar Jain but got nothing,” Mr Kejriwal had informed reporters earlier than the Punjab elections, which his Aam Aadmi Party, or AAP, received.