Lucknow, December 27, : .Piyush Jain, the man who managed to raise the most money in India’s history, can be easily mistaken for a commoner. Jain has a lifestyle that is astonishingly easy for someone who amassed crores of cash in his home and walls.
Jain, a Kanpur resident, still uses an older scooter.
His house is very small even though it was recently renovated.His neighbours were stunned when he lost his Maruti and Qualis.
He was an ordinary businessman who ran a perfume company.We never thought he’d have such a large amount of cash in his home.R.K.Sharma said that Jain was not proud of his wealth, and his lifestyle was also very middle-class.
Jain lives in Kannauj with his father, while Amrish and Amrish are based in Kanpur.
Jain learned the craft of creating edible essences and perfumes from his father, a chemist.
Jain (52 years old) was born in Kanpur.He completed his education there.After completing his education, he joined Kannauj’s family business.However, he still lived in Kanpur.
According to his friends, he did not have any political connections.
We have not seen him meet any politicians or party offices.One of his friends, who requested anonymity, said that he never claimed to have any connections with influential people.
Contrary to what many believe, Jain does not have any connection to Pampi Jain (the leader of the Samajwadi Party who launched the “Samajwadi Itr” campaign in Lucknow last month).
They share one thing in common: they work in the perfume industry, live together and belong to the Jain Community.Pushpraj Jain, a.k.a.Pampi Jain, also known as.
But media reports linking the two, Piyush Jain & Pampi, have caused a political spat in Uttar Pradesh.
Yogi Adityanath, Chief Minister of India, stated Monday that he now knows the reasons why “some people” opposed demonetization.
He said, “The black money has now come out of the walls.”
Akhilesh Yadav, President of Samajwadi Party clarified that the raid was not to be connected with SP.Piyush Jain is not related to SP MLC Pampi Jain.”
According to SP leaders, Piyush Jain’s family has always supported the ruling party and is biased towards the BJP.
Jain is now the only political party fighting for his affiliation.
A senior official stated that “Accumulating such wealth without any patronage is impossible.” The truth will emerge as investigations continue.Piyush Jain, as things stand now, can expect a lengthy stint behind bars.
His pleasant perfumes might not be able make his life easier.
After being arrested in violation of Section 132 of the CGST Act, Jain was remanded by a local judge to 14 day judicial custody.
A GST official stated that Jain accepted the fact that cash taken from residential premises was related to the sale of goods, but not GST.
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