Senior party leaders Ashutosh and Saurabh Bhardwaj lashed out at the central probe agency accusing it of "planting baseless stories" against Jain in the media through unnamed sources.
"The man in question, a senior CBI officer who is behind all this was handpicked by BJP chief Amit Shah. This is part of a larger design to destabilise opposition-led governments across states," Ashutosh claimed in a press conference.
CBI sources today alleged the minister had control over these companies either in the form of being one of the directors and by holding one-third of shares of these companies in his name or in the names of his family members or others.
During the questioning, the minister and his wife could not explain Rs 1.62 crore -- approximately one-third of funds received by the companies during 2015-17, the CBI sources claimed.
After registering the FIR, the CBI had yesterday carried out searches at Jain's residence, during which the agency managed to "recover Rs 50,000 cash, 52 grams gold, copies of Income Tax returns, election affidavits, inventory of official furniture", Bhardwaj said.
"All these are in any case available on the public domain. Where is the incriminating evidence that CBI is talking about during informal briefings with the media?" he asked.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
