The Central Bureau of Investigation (CBI) on Monday filed a chargesheet against Delhi Health Minister Satyendar Jain, his wife and others in connection with an alleged disproportionate assets case against him.
The action has been taken days after the Union Home Ministry granted sanction to the CBI to prosecute Mr. Jain.
The agency had registered the case on August 24, 2017, alleging that he had acquired assets worth more than ₹1.47 crore disproportionate to known sources of income during February 2015 and May 2017.
Among those arraigned in the chargesheet are the Delhi Minister, his wife Poonam and business associates Ajit Prasad Jain, Vaibhav Jain, Sunil Kumar Jain and Ankush Jain.
Controlled shares
“His wife and associates allegedly abetted the commission of said offence. Searches were also conducted at the premises of accused which led to seizure of certain incriminating documents,” said the agency.
The CBI said, investigation revealed that the Health Minister and his family members allegedly controlled or had stakes/shareholdings in four Delhi-based companies. He was a director in three companies and resigned from the directorship before the election in 2013.
His family members, however, continued to hold shares in all the four companies.
Shell companies
The three companies allegedly received more than ₹1.53 crore as accommodation entries from Kolkata-based shell companies during the check period.
“The accused was assisted in routing money through shell companies by two other persons,” said an official.
The accommodation entries were provided in the form of share application money in the four companies during 2010-2016, as alleged.
“It was further alleged that the shares of the Minister with respect to the Delhi-based companies got transferred in his wife’s name on February 10, 2015, and even after his resignation from the directorship of the companies, he allegedly exercised effective control through his wife,” said the investigating official.
