Today(on 18th March),Supreme Court dismisses bail plea of former Delhi Health Minister Satyendar Jain in a high-profile money laundering case led by the Enforcement Directorate (ED). Jain is ordered to surrender immediately.
Thank you for reading this post, don't forget to subscribe!
NEW DELHI: Today(on 18th March),The Supreme Court of India has dismissed the regular bail plea of Satyendar Jain, who is a former Delhi Health Minister associated with the Aam Aadmi Party (AAP). This decision comes in the amidst of a notable money laundering case being pursued by the Enforcement Directorate (ED).
The bench, comprising Justice Bela M Trivedi and Pankaj Mithal, delivered a resolute directive, stating:
“All appeals are hereby dismissed. Mr. Satyendar Jain is instructed to surrender forthwith.”
Initially arrested by the ED on May 30, 2022, the allegations against him are severe, accusing him of laundering money through four companies purportedly linked to him. This case stems from a Central Bureau of Investigation (CBI) complaint, highlighting transactions that Jain allegedly could not satisfactorily explain, involving movable properties acquired in the names of various individuals from February 14, 2015, to May 31, 2017.
ALSO READ: Senthil Balaji Case || Madras High Court Denies Stay on Money Laundering Proceedings
After his arrest, Jain sought relief through various legal avenues, including interim bail on medical grounds, which the Supreme Court initially granted in May 2023. However, this temporary relief was extended multiple times, leading to a prolonged period outside of jail for Jain.
The Enforcement Directorate’s case against Jain revolves around suspected financial irregularities and undisclosed transactions. According to the agency, several companies believed to be under Jain’s control received large sums of money from shell companies, suggesting a complicated scheme of financial manipulation and illegal money transfers.
The Delhi High Court, in April 2023, denied his bail application.
Senior Advocate Abhishek Manu Singhvi, representing Jain, argued for his client’s release, emphasizing the prolonged period of incarceration and challenging the basis of the money laundering allegations. However, Additional Solicitor General SV Raju, representing the ED.
ALSO READ: Supreme Court Orders ED to Probe Amtek Auto Founders for Money Laundering
The rejection of Jain’s bail plea, despite the defense’s arguments and his health concerns, reflects the court’s commitment to upholding the law and ensuring that justice is served, particularly in cases involving public figures and allegations of financial misconduct.
