Satyendra Jain
In a noteworthy development, Aam Aadmi Party (AAP) leader Satyendar Jain has been granted bail in the money laundering case against him.
The court highlighted Jain’s extended time in custody as a primary factor for his release, noting that he has “endured a lengthy incarceration” and should be freed.
Jain, a key figure in the Delhi government, had been held in custody since his arrest in this high-profile case. This ruling provides significant relief for the AAP leader.
Satyendar Jain was arrested by the Enforcement Directorate (ED) on May 30, 2022, for allegedly laundering money through four companies associated with him. He has remained in judicial custody since his arrest. The bail order was issued after Special Judge Rakesh Syal reserved the decision, following arguments from both the defence and the ED.
Jain’s legal team argued that there was no reason to keep him in custody any longer, while the ED opposed the bail, asserting that Jain could either influence witnesses or evade justice if released. The ED’s case stems from a 2017 FIR filed by the Central Bureau of Investigation (CBI) under the Prevention of Corruption Act.
This decision provides significant relief for Jain after his prolonged detention.
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