The Delhi High Court on Thursday denied bail to jailed former AAP minister Satyendar Jain in a money laundering case being probed by the Enforcement Directorate (ED).
Today, Delhi High court, rejected the Aam Aadmi Party (AAP) leader's bail plea, said he is an influential person and may tamper with evidence.
Satyendar Jain, who was arrested on May 30 last year by the agency, had approached the high court after the trial court dismissed the bail petition in November last year.
In his bail plea, Satyendar Jain stated that he had cooperated with the Enforcement Directorate on all the occasions. The former Delhi minister also stated that the trial court Judge and ED has gravely misread and misapplied the PMLA by identifying proceeds of crime solely on the basis of accommodations entries. That accommodation entries cannot itself lead to a punishable offence under PMLA, he had said in his plea to the high court.
The case is based on a Central Bureau of Investigation (CBI) complaint registered on the allegation that Satyendar Jain had acquired movable properties in the name of various persons from February 14, 2015, to May 31, 2017, which he could not satisfactorily account for.
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