Supreme Court order on Satyendar Jain’s bail plea in money laundering case tomorrow

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The Supreme Court will on Monday pronounce its judgement on the bail plea of former Delhi Health Minister Satyendar Jain in a money-laundering case probed by the Enforcement Directorate (ED). A bench of Justices Bela M Trivedi and Pankaj Mithal will deliver the order.

In January, the Supreme Court had reserved its order on the bail plea of the Aam Aadmi Party (AAP) leader after it heard submissions from Additional Solicitor General SV Raju, who appeared for the ED, and Jain’s counsel Senior Advocate Abhishek Manu Singhvi.

On Monday, the bench will also pronounce an order on the bail plea of co-accused Ankush Jain and Vaibhav Jain.

The former Delhi Minister, who is currently out on interim bail on medical grounds, was arrested by the ED in May last year for allegedly laundering money through shell companies and buying land with illegal funds.

His arrest came a month after the probe agency attached assets worth Rs 4.81 crore linked to Jain’s family in a disproportionate assets case.

Earlier this month, Delhi Lieutenant Governor (LG) Vinai Kumar Saxena sanctioned a Central Bureau of Investigation (CBI) probe against Satyendar Jain for his alleged involvement in an extortion racket.

The CBI has accused the former Delhi Minister of receiving protection money from several “high profile prisoners”, including conman Sukesh Chandrasekhar, in exchange for enabling them to live peacefully and comfortably in jail.

According to the probe agency, he allegedly extorted Rs 10 crore from Chandrasekhar as ‘protection money’.

Published By:

Karishma Saurabh Kalita

Published On:

Mar 17, 2024

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