Investigation is going on in the case of Minister Satyendra Jain in the Delhi government trapped in money laundering. It is now reported that the CBI and ED have accused Jain of misleading the investigating agencies through family members including two daughters. On Monday itself, there was a raid at the residence of the minister. It is alleged that he has carried out the laundering of more than Rs 16 crore.

India Today quoted the investigation report as saying that Jain’s wife and two daughters had received crores of rupees in the guise of doing business of companies linked to Satyendar Jain. According to the report, Jain, his family and friends held shares in four Delhi-based companies and also had control over these companies.

Before becoming part of the Delhi government, Jain was also a director of three of the four companies. However, even after this, his family’s shares remained in all four companies. According to the investigation report, “These companies laundered Rs 16.4 crore between 2011 and 2016. These include Rs 4.61 crore in 2015-2016 during Jain’s tenure as a public servant. This amount belongs to the families of Satyendra Kumar Jain, his family members and his business associates Ajit Prasad Jain and Sunil Kumar Jain.

The agency has alleged that Jain remained active in the accused companies even after he resigned from the post of director before joining the Delhi elections in December 2013.

According to the report, “As a director of Prayas Infosolutions Pvt Ltd, he had control over the companies through his wife.” According to the report, he also had one-third of his shareholding in the companies in the name of wife, family members, relatives and friends. Similarly, Ajit Prasad Jain and Sunil Kumar Jain also held one-third stake in the companies, the report said. Satyendar Jain and his associates had given cash to the entry operators in Kolkata.

The report said that in companies where Satyendar Jain was a director, entry operators had returned money by way of investment in shares.

In March 2016, 1.5 lakh shares of Mangalayatan Project Pvt Ltd were sold to a Kolkata-based Shell Company for Rs 15 lakh on behalf of Jain’s wife Poonam. According to the investigating agency, through this, there were links between Jain and Kolkata-based Shell Company.

According to the website’s news, the investigation report in the case of other companies alleges that Jain, through wife Poonam Jain, daughters Soumya and Shreya, controlled the companies and committed money laundering. The probe agency has also alleged that AAP leader’s aides Ajit Prasad Jain and Sunil Kumar Jain allegedly do money laundering in the name of the minister. The sons of both the associates have also recorded their statements before the agencies.

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