India, Feb. 16 -- LUCKNOW The Enforcement Directorate (ED) will continue its money laundering investigation against senior IAS officer Abhishek Prakash's alleged aide and businessman Nikant Jain despite the Allahabad high court quashing the FIR that had accused him of demanding a "5% cut" to facilitate approval of an Rs.8,000-crore solar project under Invest UP, confirmed senior ED officials.

While granting relief to Jain in the bribery and extortion case, the court's order does not affect the ongoing probe initiated by the ED under the Prevention of Money Laundering Act (PMLA). Officials indicated that the agency will now base its investigation on five other FIRs registered against Jain in different districts.

"According to information...