New Delhi: Delhi Health Minister Satyendar Jain’s custody to the Enforcement Directorate (ED) was extended by five more days on Thursday. He is being probed in a money laundering case. Jain was produced before the Rouse Avenue Court by the ED officials, which had demanded that his custodial remand be extended by five more days. “During the raid we have recovered a number of things and have to confront him with the people whose houses were raided,” the ED official said. After hearing the argument, the court allowed the ED plea and extended the custodial remamd of Jain by five more days. The Enforcement Directorate had recently conducted raids at multiple locations belonging to Jain and his known persons, including relatives. A recovery of cash worth Rs 2.85 crore and 133 gold coins weighing 1.80 kg was made.
The ED had said that it conducted a search operation on June 6 at the premises of Jain, his wife and accomplices who had either directly or indirectly assisted him or participated in the processes of money laundering. “We conducted raids at the premises belonging to Ankush Jain, Vaibhav Jain, Naveen Jain and Siddharth Jain, the Directors of Ram Prakash Jewellers Pvt Ltd, G.S. Matharoo, Chairman of Lala Sher Singh Jivan Vigyan Trust which runs Prudence Group of Schools, Yogesh Kumar Jain, Director in Ram Prakash Jewellers Pvt Ltd, father-in-law of Ankush Jain and Lala Sher Singh Jivan Vigyan Trust,” the ED official had said. The ED had learnt during the investigation that one accomplice member of Lala Sher Singh Jivan Vigyan Trust had provided accommodation entries for transfer of land from company beneficially owned by Jain to family members of accomplices in order to alienate the property and to frustrate the process of confiscation.