Delhi Minister Satyendar Jain (File Photo) Delhi Minister Satyendar Jain (File Photo)Delhi Health Minister Satyendar Jain could not explain funds received by four companies in which he is a shareholder, CBI sources said today, following registration of a case against the AAP leader, his wife and four others in connection with money laundering allegations. 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 sources said. He said it was further alleged that the companies did not have any business and were shell companies and were utilised for parking money in the form of investments in equity shares in connivance with Kolkata-based shell companies. It said reports of Jain’s involvement in shell companies and ‘benami’ land deals are baseless. Three contact persons of the Kolkata-based shell companies — Rajendra Bansal, Jeevendra Mishra and Abhishek Chokhani — are also under the CBI scanner.

Source: Indian Express August 26, 2017 12:03 UTC