New Delhi. Former Delhi minister Satyendar Jain filed a bail plea in the Supreme Court in the ED case. The Delhi High Court had refused to grant bail to Satyendar Jain.
The Delhi High Court, while rejecting the bail plea of Aam Aadmi Party leader Satyendar Jain in the money laundering case, had said that he is an influential person and can tamper with the evidence.
He was arrested by the Enforcement Directorate on May 30 last year and is lodged in Tihar Jail. Jain is accused of money laundering through four companies. The High Court had said that there is no illegality or any flaw in the lower court’s decision to dismiss the bail plea.
The High Court said that Satyendar Jain failed to fulfill the two conditions laid down for bail under the Prevention of Money Laundering Act. The High Court said that the CBI has registered a case of disproportionate assets and the matter is pending before the competent court.
The High Court had said that ‘this court cannot talk on the legality of these proceedings. The facts show that some disproportionate assets were concealed. The court will have to look at the facts that have come to the fore prima facie. There are broad possibilities that the companies affiliated to him are controlled and managed by him.
