The Enforcemen Directorate on Tuesday questioned Delhi Health Minister Satyendar Jain in connection with a money laundering case.
The case pertains to alleged transfer of more than ₹16 crore from Kolkata-based shell companies to the firms in which Mr. Jain had stakes.
ADVERTISEMENT
The agency alleges that about ₹4 crore had been laundered during Mr. Jain's tenure as a Minister in the Delhi government.
"The shell companies first bought the shares of his companies at a high premium, after which the shares were bought back at very low rates," said an official.
The ED may again summon Mr. Jain and his associates for recording their statements.
ADVERTISEMENT
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by its editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.