Money Laundering Case: Former Minister & AAP Leader Satyendar Jain Files Bail Plea In SC

Aam Aadmi Party (AAP) leader and former Delhi minister Satyendar Jain on Monday moved Supreme Court seeking bail in the money laundering case against him.

It is to be noted that Jain’s moved the Apex Court after he was denied bail by the Delhi High Court on April 6, 2023.

The bench led by Justice Dinesh Kumar Sharma while denying his bail application, cited Jain as an ‘influential person who may tamper with the evidence’.

“The present court cannot go into the validity of these proceedings. Facts show that certain disproportionate assets were masked. The court has to see the prima facie case. The broad probabilities indicate that the companies associated with him are controlled and managed by him (Satyendar Jain),” the Delhi high court order stated.

The high court decision came as another AAP minister, Manish Sisodia, was arrested in connection with the Delhi liquor policy case. After the CBI arrested Manish Sisodia, both Sisodia and Jain resigned from the cabinet.

Jain has been detained since May 20, 2022, when the Enforcement Directorate (ED) seized properties worth Rs. 4.81 crore belonging to five companies in the money laundering case against him and a few others. Satyendar Jain is accused of laundering money through four companies linked to him.

 

 

Nunnem Gangte

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