Business Standard

Centre grants sanction to prosecute Delhi Minister Satyendra Jain

IANS  |  New Delhi 

The has granted sanction to prosecute Health Minister in a case registered by the CBI in 2017.

Jain is accused of floating several shell companies in including Akichan Developers Private Ltd, Indo Metal Impex Private Ltd, and during 2009-10 and 2010-11 for alleged money laundering.

"These shell companies do not have any real business. Jain had laundered black money of Rs 16.39 crore during 2010-11 to 2015-16 through 54 shell companies of three hawala entry operators of Kolkata namely Jeevendra Mishra, and Rajendra Bansal," said an in the

Jain has denied all these allegations saying the CBI action is politically motivated.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 29 2018. 18:08 IST