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CBI raids Satyendar Jain's residence in money laundering case

Reported by: IANS New Delhi 25 Aug 2017, 20:00:07 IST
IANS

A CBI team on Friday raided Delhi Home Minister Satyendar Jain's residence in connection with a money laundering case, a CBI official said.

Jain also confirmed the development, tweeting: "CBI reached my home for search."


The Central Bureau of Investigation (CBI) in April this year had registered a preliminary inquiry(PE) against Jain and others in an alleged money laundering case to the tune of Rs 4.63 crore in 2015-16. 


The inquiry against the minister was registered on the basis of several evidences CBI had collected against the minister, saying he was involved in money laundering despite being a public servant. 


He is accused of being involved in the crime through Kolkata-based companies Prayas Info Pvt Ltd, Akichand Developers and Mangalyatan Project Pvt Ltd - a charge denied by Jain.