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Delhi Court Grants Bail To AAP Leader Satyendar Jain In Money Laundering Case

On Friday, a Delhi court granted bail to Aam Aadmi Party (AAP) leader and former Delhi cabinet minister Satyendar Jain in a money laundering case

Editor Ritam English by Editor Ritam English
Oct 18, 2024, 05:57 pm IST
On Friday, a Delhi court granted bail to Aam Aadmi Party (AAP) leader and former Delhi cabinet minister Satyendar Jain in a money laundering case

On Friday, a Delhi court granted bail to Aam Aadmi Party (AAP) leader and former Delhi cabinet minister Satyendar Jain in a money laundering case

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On Friday, a Delhi court granted bail to Aam Aadmi Party (AAP) leader and former Delhi cabinet minister Satyendar Jain in a money laundering case. Notably, Jain was arrested by the Enforcement Directorate (ED) on May 30, 2022, on the charge of laundering money through four companies allegedly linked to him. The ED case was based on an First Information Report (FIR) by the Central Bureau of Investigation (CBI) under the Prevention of Corruption Act.

The CBI’s FIR, filed in 2017, alleged that the Aam Aadmi Party leader had conducted money laundering operations through four companies reportedly connected to him. Special Judge Vishal Gogne was quoted as saying, “Considering the delay in trial and long incarceration of 18 months, and the fact that trail will take long to start, let alone conclude, accused is favourably suited for the relief.”

The judge granted the relief on a bail bond Rs 50,000 with two sureties of like amount. The development comes a month after AAP supremo Arvind Kejriwal was released from the Tihar jail after being granted bail by the Supreme Court in a corruption case related to the alleged Delhi excise policy scam.

Following his release, he resigned from the post of Delhi chief minister and AAP’s Atishi was appointed in his place.

Tags: Cabinet ministerAam Aadmi partyCentral Bureau of InvestigationPrevention of Corruption Act
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