New Delhi, Sept. 24 -- A team of the Enforcement Directorate's (ED) headquarters in New Delhi has provisionally attached immovable properties worth Rs. 7.44 crore belonging to companies beneficially owned and controlled by former Delhi Minister Satyendar Kumar Jain, under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The anti- money laundering agency had initiated investigation on the basis of FIR registered by Central Bureau of Investigation (CBI) New Delhi, on August 24 in 2017 under relevant sections against Jain, his wife and others, wherein it was alleged that he, while posted and functioning as a Minister in Delhi government of Delhi, had acquired disproportionate assets during the period from February 14, 20...