New Delhi
The Rouse Avenue Court of Delhi on Monday extended the judicial custody of Delhi Minister Satyendar Jain till July 20, 2022, in a money laundering case. The court also sends Vaibhav Jain to judicial custody in the same case. The Enforcement Directorate (ED) on Monday produced Vaibhav Jain before the court at the end of his remand period where Additional Session Judge Geetanjali Goel decided to send him into judicial custody. The third accused Ankush Jain is already in judicial custody in the case. The Enforcement Directorate’s case was represented by Advocate Zoheb Hossain and Advocate Naveen Kumar Matta. According to the ED, Ankush Jain and Vaibhav Jain are among those who assisted the Delhi Minister in the money laundering case. In this case, Satyendar Jain was arrested on 30 May 2022. Besides them, Naveen Jain and Siddharth Jain (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 are also on ED radar for assisting Satyendar Jain, the ED informed. The ED on June 6 seized 2.85 crore cash and 133 gold coins weighing 1.80 kg from Satyendar Jain’s aides during its day-long raid conducted at various places across Delhi and the National Capital Region (NCR). The agency had also seized various incriminating documents and digital records during these raids. The ED then said that the total movable assets were seized from an unexplained source and were found to be secreted in the raided premises.
