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Delhi Court Grants Bail to Satyendar Jain in Money Laundering Case

Satyendar Jain bail: On Friday, a Delhi court granted bail to former Delhi minister Satyendar Jain, who had been in custody for 18 months in connection with a money laundering case. The Aam Aadmi Party (AAP) leader was arrested by...
05:09 PM Oct 18, 2024 IST | Honey sharma

Satyendar Jain bail: On Friday, a Delhi court granted bail to former Delhi minister Satyendar Jain, who had been in custody for 18 months in connection with a money laundering case. The Aam Aadmi Party (AAP) leader was arrested by the Enforcement Directorate (ED) on May 30, 2022, for alleged involvement in laundering money through four companies linked to him.

Reasons for Granting Bail

Special Judge Vishal Gogne granted bail to Satyendar Jain, noting the significant delay in the trial and his lengthy 18-month detention. The judge stated that given the extended duration before the trial could even begin, let alone conclude, Jain was deemed suitable for bail, according to a PTI report. The court set the bail bond at Rs. 50,000 with two sureties of the same amount. The ED's case against Jain is based on a 2017 FIR filed by the Central Bureau of Investigation (CBI) under the Prevention of Corruption Act.

Senior AAP Leaders Out on Bail

Satyendar Jain is the latest senior AAP leader to be granted bail in corruption-related cases. Last month, AAP convenor and Delhi Chief Minister Arvind Kejriwal was granted bail by the Supreme Court in a CBI case related to the alleged liquor scam.

Additionally, former deputy chief minister Manish Sisodia was granted bail in August after spending 17 months in Tihar jail for cases linked to the Delhi excise policy. Earlier this year, in April, AAP Rajya Sabha MP Sanjay Singh was also granted bail in the excise policy case, as the ED did not oppose his plea.

Also read: Supreme Court Closes Case Against Isha Foundation

With these high-profile leaders now out on bail, the focus shifts back to the ongoing investigations and the legal proceedings surrounding the alleged corruption cases.

 

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