City
Epaper

Delhi ex-minister Satyendra Jain moves SC seeking bail in money laundering case

By ANI | Updated: May 15, 2023 15:25 IST

New Delhi [India], May 15 : Former Delhi minister Satyendra Jain has moved Supreme Court seeking bail in a ...

Open in App

New Delhi [India], May 15 : Former Delhi minister Satyendra Jain has moved Supreme Court seeking bail in a money laundering case against him. He has challenged the Delhi High Court's order dismissing his bail plea in the money laundering case against him.

On April 6, the Delhi High Court dismissed the bail plea of Satyendra Jain. The HC while dismissing the Satyendar Jain bail plea stated that the applicant is an influential person and has the potential of tampering with evidence. Satyender Jain/applicant, at this stage, can't be held to clear the twin conditions of the Prevention of Money Laundering Act (PMLA).

The HC had kept the order reserved on March 21 after the conclusion of the submissions made by the defence and prosecution sides after multiple hearings. During arguments, Additional Solicitor General (ASG) SV Raju appeared for Enforcement Directorate contented that money laundering is crystal clear against Jain and other co-accused.In his bail plea, Jain stated, "I appeared before ED on 7 occasions. I have cooperated and participated in the investigation. I was arrested 5 years down the line in 2022."

On November 17, 2022, the trial court dismissed the bail petition of Satyendar Jain. He was arrested on May 30, 2022, under sections of the Prevention of Money Laundering Act (PMLA) by Enforcement Directorate and is presently in Judicial Custody in the case.

The ED case is based on a Central Bureau of Investigation (CBI) complaint registered on the allegation that Satyender Jain had acquired movable properties in the name of various persons from February 14, 2015, to May 31, 2017, which he could not satisfactorily account for.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Supreme CourtSatyendra JainSatyender JaindelhiDelhi Lok Sabha Election 2019Delhi BjpDelhi Commissioner Of PoliceNew DelhiDelhi High CourtDelhi MetroSouth DelhiDelhi UniversityDelhi Dynamos
Open in App

Related Stories

NationalMetro Viral Video: Woman Caught On Camera Eating Inside Compartment, Fined Rs 500 in Bengaluru (Watch)

NationalSexually Explicit Content on OTT, Social Media: Supreme Court Issues Notice to Centre

EntertainmentKaran Johar Responds to Groom Calling off Wedding After DJ plays Channa Mereya from Ae Dil Hai Mushkil, Says...

NationalDelhi Crime: 20-Year-Old Shot Dead Outside Residence in Seelampur; Police Launch Manhunt for Killers (Watch Video)

NationalDelhi Slum Fire: Two Killed as Massive Blaze Erupts Near Sector 17 in Rohini (Watch Video)

National Realted Stories

NationalIndia's changemakers speak: Padma awardees reflect on recognition and responsibility

NationalBSF arrests 4 B'deshi smugglers along Indo-Bangla border; seizes contraband

NationalRS by-election: BJP's Satyanarayana to be NDA candidate from Andhra Pradesh

NationalGovt targets 100 GW of nuclear power capacity by 2047 to boost energy security

National'Insult to Hindu sentiments: Raj BJP chief slams Kharge