Aakhir Tak – In Shorts
- President grants sanction to prosecute Satyendar Jain in money laundering case.
- Jain was previously arrested by the ED and is currently out on bail.
- The Union Home Ministry sought sanction to proceed with the case.
- ED alleges Jain laundered money through shell companies.
- AAP claims this is a political conspiracy.
Aakhir Tak – In Depth
President Droupadi Murmu has given her sanction to prosecute former Delhi minister Satyendar Jain in a fraud case. Jain, who was previously arrested by the ED, is out on bail. This case, linked to money-laundering, has been a long-standing point of contention. Arvind Kejriwal has defended him, calling the case politically motivated. The latest development signifies a crucial step towards potentially holding Satyendar Jain accountable.
Union Home Ministry Seeks Sanction
The Union Home Ministry recently sought sanction under Section 218 of the Bharatiya Nagarik Suraksha Sanhita to proceed with the case in court. They claimed there is adequate evidence against the AAP leader to implicate him on charges of laundering money through four shell companies allegedly linked to him. The President, based on material from the Enforcement Directorate, deemed the evidence sufficient.
ED’s Case Against Jain
The Enforcement Directorate filed a case against Jain in a money-laundering matter linked to alleged hawala dealings and arrested him in May 2022. At the time, Jain held portfolios including health and power in the Delhi government. His arrest significantly impacted the Delhi government’s operations. The fraud case against him has been a subject of intense public and political debate.
CBI’s FIR and Chargesheet
The case stemmed from an August 2017 FIR filed by the Central Bureau of Investigation (CBI), accusing Jain and others of possessing disproportionate assets. The CBI’s December 2018 chargesheet alleged that Jain’s assets amounted to about Rs 1.47 crore, approximately 217 percent more than his known income during 2015-17.
ED’s Allegations of Hawala Transactions
The ED earlier stated that its investigation found that “during 2015-16, Satyendar Jain, while serving as a public servant, and four companies (beneficially owned and controlled by him) received accommodation entries (hawala) amounting to Rs 4.81 crore from shell (bogus) companies in exchange for cash transferred to Kolkata-based entry operators through the hawala route.”
The agency further stated, “These amounts were utilised for the direct purchase of agricultural land or for the repayment of a loan taken for the purchase of agricultural land in and around Delhi.”
AAP’s Response: Political Conspiracy
Meanwhile, the AAP alleged that the government’s request for the president’s approval to prosecute party leader Satyendar Jain was a “political conspiracy” aimed at “crippling” the party. Sanjay Singh, a Rajya Sabha MP, said the BJP-led central government was using investigative agencies to target the AAP, according to a party statement.
Kejriwal Defends Jain
Former Delhi chief minister and AAP leader Arvind Kejriwal previously defended Jain, calling him a “hardcore honest and patriot” who was being framed in a “false case.”
Aakhir Tak – Key Takeaways to Remember
- President sanctioned prosecution of Satyendar Jain in money laundering case.
- The ED had previously arrested Jain, who is currently on bail.
- The case involves allegations of laundering money through shell companies.
- AAP claims this is a politically motivated conspiracy.
- The CBI also filed a case against Jain for disproportionate assets.
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