Lagatar24 Desk
New Delhi, Nov 17: Satyendar Jain, an Aam Aadmi Party (AAP) member and Delhi minister, was denied bail on Wednesday by a Special Court handling allegations of corruption and other offences against politicians.
The detained AAP leader’s request for release was denied by Special Judge Vikas Dhull.
While the Enforcement Directorate had stated that Jain was a “highly influential politician” who transformed “black money into white money” and even interfered with evidence, the bail was requested on the grounds that there was nothing criminal that could be linked to him.
Delhi | The Rouse Avenue Court dismisses bail plea of Delhi Minister Satyendar Jain and two others in the money laundering case. Jain was arrested on May 30th under sections of the Prevention of Money Laundering Act by Enforcement Directorate.
(File photo) pic.twitter.com/w1uSWANc4S
— ANI (@ANI) November 17, 2022
The Central Bureau of Investigation (CBI) had initially registered a case under Sections 13(2) (criminal misconduct by public servant) read with 13(e) (disproportionate assets) of the Prevention of Corruption Act, 1988 against Jain.
The action was filed on the grounds that Jain had allegedly acquired moveable property between 2015 and 2017 in the names of several different people but was unable to provide a satisfactory justification.
The CBI claimed in this case that Jain had acquired movable property between 2015 and 2017 (the check period), which he was unable to satisfactorily account for.
The ED claimed that these businesses, which were “beneficially owned and managed” by Jain, received lodging entries totaling 4.81 crore rupees from shell firms in exchange for cash sent to entry operators in Kolkata via a hawala method.