ED filed charge sheet on Rs.8000 crore Money laundering case

New Delhi, May 20: The Enforcement Directorate(ED) has lodged a charge sheet against two Delhi-based brothers here on Thursday, who are in connection with its probe into a Rs. 8,000 crore money laundering case.

The charge sheet against brothers Surendra Jain and Virendra Jain and others, alleged to be involved in a black money racket being run through shell companies, was filed in a special court yesterday.

The ED also attached agricultural land worth of Rs.1.12 crore belonging to the Jain brothers in Bhatti village in the National Capital Region.The total amount of property attached so far in the case amounts to Rs. 65.82 crore.

Both the brothers are in jail at present in connection with the case.

The ED has identified at least 90 shell firms in this probe case. It has identified 26 of them for allegedly laundering about Rs. 62.20 crore funds.

The ED suspects the entire racket to be worth about Rs. 8,000 crore of slush funds.

"Further investigation is in progress," the official said.