New Delhi: The Central Bureau of Investigation (CBI) on Monday filed a chargesheet against Delhi minister Satyendar Jain, his wife Poonam and business associates Ajit Jain and Vaibhav Jain in a disproportionate assets case.
The minister is accused of possessing disproportionate assets worth Rs 1, 47, 00, 000, which are 217.20% more than his income. The CBI got the sanction to prosecute Jain on November 29 after it registered a case on August 24, 2017.
Jain, an architect by profession, joined as architectural assistant in CPWD in 1986 after obtaining a diploma in architecture. He left his government job in 1992-93 and completed his graduation from the Indian Institute of Architects before registering himself with the council of architects in 1993. His wife is also an architect and the couple ran a firm named M/S JJ Ideal Estate Pvt Ltd.
Investigations revealed that Jain and his family were shareholders in Prayas Info Pvt Ltd, Metalimpex Pvt Ltd, Akainchan Developers Pvt Ltd and Mangala Yatan Projects Pvt Ltd.
Satyendar Jain and Vaibhav Jain reportedly sent ... money to Rajendra Bansal (a Kolkata-based hawala operator), who in turned provided accommodation entries in the forum of share application money in the said four companies till 2016. The shares of the minister were transferred to his wife on February 10, 2015. Thus Satyendar Jain, even after his resignation from directorship of the companies, exercised effective control through his wife.