Jain was based in Dubai before his arrest here a few years ago and had allegedly co-owned a bank in Cook Islands with a family from Mumbai to launder thousands of crores. The ED investigation is based on a 2018 FIR of the Economic Offence Wing of the Delhi Police, though the accused had several cases registered and investigated by multiple agencies, including the DRI (Directorate of Revenue Intelligence) and the CBI. April 20, 2023 at 02:49AM India News | Latest News Headlines & Live Updates from India - Times of IndiaED attaches hawala dealer’s 5 properties worth Rs 21 crore

Jain was based in Dubai before his arrest here a few years ago and had allegedly co-owned a bank in Cook Islands with a family from Mumbai to launder thousands of crores. The ED investigation is based on a 2018 FIR of the Economic Offence Wing of the Delhi Police, though the accused had several cases registered and investigated by multiple agencies, including the DRI (Directorate of Revenue Intelligence) and the CBI.

from India News | Latest News Headlines & Live Updates from India - Times of India