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Satyendar Jain’s custodial remand extended for 5 days in PMLA case

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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.

During the search various incriminating documents and digital records were seized. The cash amounting to Rs 2.85 crore and 133 gold coins weighing 1.80 kg in total from unexplained sources were found during the said premises and were seized under PMLA.

The ED had initiated money laundering investigation on the basis of the FIR registered by CBI in 2017 under section 13(2) read with 13(1)(e) of the PC Act, 1988 against Jain hus wife Poonam Jain, and Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain and Ankush Jain.

The CBI had filed a charge sheet on December 3, 2018 against Jain, his wife Poonam Jain, and other accused. It was alleged in the charge sheet that Jain while holding the office as a Minister in the Government of Delhi during the period February 14, 2015 to May 31, 2017 had acquired assets which were disproportionate to his known sources of income.

The CBI has accused Jain, his wife and other accused for commission of offences under the Prevention of Corruption Act.

Earlier, the ED had provisionally attached immovable properties worth Rs 4.81 crore belonging to companies beneficially owned and controlled by Jain on March 31, 2022.

Jain was placed under arrest on May 30 by the ED under sections 19 of the PMLA. Further investigation in the matter is on.

National News

Child killed, 12 students injured as school van overturns in Bihar Nawada

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Patna, April 13: A nine-year-old girl was killed and over a dozen school children were injured after a school van overturned in Bihar Nawada district on Monday morning, police said.

The incident occurred on Kamlapur Road in the Govindpur block around 8.15 a.m. on Monday, where the vehicle reportedly lost control, plunged nearly 20 feet off the road, and overturned multiple times.

Eyewitnesses described a chaotic scene as the vehicle rolled repeatedly before coming to a halt. Local villagers — who were harvesting wheat in nearby fields — rushed to the spot upon hearing the crash. They played a crucial role in rescuing the children, pulling them out of the wreckage and transporting them to nearby hospitals.

According to the police, one student named Arohi Kumari (9) lost her life in this mishap, and two students have critical conditions at the moment. Other students are also under the close observation of doctors.

Preliminary findings suggest that the vehicle belonged to a private school. Local residents have alleged that the vehicle was overloaded beyond capacity. The vehicle has a capacity to transport 15 students, but it was carrying more than 25 at the time of the accident.

The eyewitnesses have also said that the driver of the vehicle was in an inebriated condition and travelling at high speed. These factors are believed to have contributed to the accident.

Police have reached the spot and initiated an investigation into the incident. Authorities are examining all aspects, including vehicle condition, driver’s conduct, and compliance with safety norms.

The Nawada police arrested the errant driver and lodged an FIR against him under the relevant sections of rash and negligent driving at the Govindpur police station. The district police will also conduct a medical check-up of the driver.

The incident has sparked widespread anger among villagers, who are demanding strict action against the school administration. Residents have emphasized the urgent need for enforcing safety regulations to prevent such tragedies in the future.

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National News

‘Respected Modi ji, please save West Bengal’ poster at PM’s Asansol rally draws attention

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Kolkata, April 9: A striking visual emerged during Prime Minister Narendra Modi’s public rally in Asansol on Thursday, as a person in the crowd held up a poster appealing directly to the Prime Minister with the message, “Respected Modi ji, please save West Bengal.”

The moment came as the election campaign in West Bengal gathered momentum ahead of the upcoming Assembly polls.

The state is set to vote in two phases, scheduled for April 23 and April 29.

In the first phase, polling will take place across 152 Assembly constituencies, while the remaining 142 seats will go to the polls in the second phase.

The counting of votes is slated for May 4.

Amid loud cheers and slogans, the Prime Minister addressed a large and enthusiastic gathering in Asansol.

During his speech, attention briefly shifted to a person in the audience, who was seen holding up a poster featuring PM Modi’s portrait along with a map of West Bengal.

The poster prominently displayed the message, “Respected Modi ji, Please save West Bengal”, and also highlighted several issues faced by the public, including “Corruption, law and order, infiltration, women safety and unemployment”.

These concerns mirror the key themes on which the Bharatiya Janata Party (BJP) has been targeting the ruling Trinamool Congress government in the state.

The visual quickly stood out amid the rally, reflecting the charged political atmosphere as political parties intensify their campaigns in the run-up to the state elections.

Meanwhile, PM Modi launched a blistering attack on the Trinamool Congress government, claiming that the ruling-party-linked syndicate and mafia were looting the state’s resources and also warned that all those goons will be held accountable and answerable after the election results on May 4.

PM Modi, addressing his second election rally in Asansol, pinned the blame on previous dispensations from the Congress to Trinamool Congress for West Bengal’s “disgraceful decline from prosperity to deprivation” and said that the BJP’s good governance is the only solution for West Bengal’s burgeoning woes.

Accusing the Mamata Banerjee government of taking the state back to ‘dark ages’, the Prime Minister said that it is essential for West Bengal’s progress that the state is freed from Trinamool’s clutches.

“For Bengal’s progress, freedom from Trinamool is necessary, because while the entire country is moving ahead at a rapid pace, Trinamool is pushing Bengal backwards,” he added.

“Trinamool’s time is over. The next government will be a double-engine government of the BJP. After May 4, Bengal will enter a new era of development,” he said.

Making a fervent call to the electorate to choose their options wisely in the upcoming state polls, Prime Minister Modi said that the people of West Bengal won’t get fooled this time, as they want a “performing” government with a proven track record.

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Business

Crude oil prices tank up to 20 pc over Iran ceasefire announcement

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New Delhi, April 8: Global crude oil prices on Wednesday plunged sharply up to 20 per cent, after US President Donald Trump announced a two-week ceasefire with Iran that includes a pledge to restore navigation through the Strait of Hormuz — the narrow waterway at the heart of the world’s most acute energy crisis in decades.

The international benchmark Brent crude futures shed nearly 16 per cent or $17.39 to $91.88, hitting an intraday low, while US WTI crude declined almost 20 per cent or $21.90 to $91.05.

The Strait of Hormuz, through which roughly a fifth of global oil flows, has been at the centre of the conflict. Iran had restricted passage for several weeks, contributing to rising prices and supply concerns. Markets had been on edge ahead of Trump’s deadline for Iran to reach a deal, with traders fearing a major escalation could disrupt shipments across the Gulf and send prices sharply higher.

Oil prices had surged in recent weeks amid fears that the strait could be closed or severely restricted. The waterway handles shipments critical to global supply chains, including crude oil and liquefied natural gas.

The US-Israel-Iran conflict has been paused for two weeks after approximately 40 days of hostilities that began in February.

President Trump’s shift in stance came just ahead of his stated deadline for Iran to reopen the Strait of Hormuz or risk extensive strikes on its civilian infrastructure.

Meanwhile, Iran indicated it would halt its military operations provided attacks against it ceased simultaneously. Foreign Minister Abbas Araghchi, in a formal statement, confirmed that safe passage through the Strait of Hormuz would be ensured for two weeks in coordination with Iranian armed forces.

The conflict had triggered an unprecedented surge in oil prices in March, with gains exceeding 60 per cent during the period.

Additionally, Indian equity benchmarks also rallied sharply on the development, trading more than 3 per cent higher in early trade. The Sensex jumped nearly 4 per cent, while the Nifty surged 3.5 per cent to their respective intraday highs.

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