ED seizes Rs 2.85 cr cash, 133 gold coins after raids against Delhi minister Satyendar Jain

New Delhi: A day after Enforcement Directorate (ED) searched premises belonging to Delhi cabinet minister Satyendar Kumar Jain and his alleged accomplices in an ongoing money laundering probe, the agency claims to have recovered '2.85 crore cash and 133 gold coins from alleged accomplices.

"During the search, various incriminating documents and digital records were seized," ED said in a press statement on Tuesday. "The cash amounting to '2.85 crore and 133 gold coins weighing 1.80 kg from unexplained source were found to be secreted in the said premises and were seized under PMLA (Prevention of Money Laundering Act)."



The agency said it had carried out search operations on the premises of Jain, his wife and his alleged accomplices who had "either directly or indirectly assisted him (Jain) or participated in the processes of money laundering".

As per available information, '2.23 crore cash has been recovered from Ram Prakash Jewellers; '41.5 lakh, and 133 gold coins from Vaibhav Jain; and '20 lakh from GS Matharoo.

The Delhi minister was arrested by the federal agency on May 30.