Lagatar24 Desk
New Delhi, June 7: The Enforcement Directorate (ED) confiscated more than 2 crore rupees and 1.8 kilogrammes of gold during searches in a money laundering case involving Delhi Minister Satyendar Jain. On Monday, the searches were carried out.
According to the investigation agency, Rs 2.23 crore was confiscated from the premises of M/s Ram Prakash Jewellers Ltd.
The agency claims that Ram Prakash Jewellers Ltd’s directors, Vaibhav Jain, Ankush Jain, and Naveen Jain, “directly or indirectly supported Satyendra Jain in money laundering.”
The raids, which include one at Jain’s home in Delhi and others, are being carried out as part of a ‘follow up’ on the case, according to officials. Jain has been entrusted to the investigation agency till June 9.
He was arrested after the Enforcement Directorate attached immovable properties worth Rs. 4.81 crore in a money laundering case involving a Kolkata-based company in April of this year.
The move came just days after Jain was arrested by the central investigation agency on May 30.
