The Punjab and Haryana High Court granted bail to Aam Aadmi Party (AAP) MLA Jaswant Singh in a money laundering case. Singh, who represents Punjab's Amargarh constituency, was arrested by the Enforcement Directorate (ED) in November 2023.

The bail was granted by Justice Mahabir Singh Sindhu; however, the detailed order is yet to be issued.

Singh was charged under the Prevention of Money Laundering Act (PMLA) for allegedly serving as a director and guarantor of M/s TCL, a company that had secured loan and credit facilities exceeding ₹46 crore.

The funds are alleged to have been diverted to other companies in violation of the terms and conditions governing the credit facilities. Additionally, a sum of ₹3.12 crore is reported to have been transferred into the personal account of the AAP leader.

The account of M/s TCL was classified as fraudulent on February 9, 2018, based on a forensic audit report, and the matter was subsequently reported to the Reserve Bank of India (RBI). Despite multiple summons issued to Singh to participate in the investigation, he failed to appear before the investigating agency, leading to his arrest by the Enforcement Directorate (ED) in November 2023.

In May, the High Court had dismissed Singh’s plea contesting his arrest by the Enforcement Directorate (ED) in the case.

The bench observed that "the written grounds of arrest were served to him as is borne out by his signatures appended thereupon and available on the record. We are therefore satisfied that there is substantive compliance of Section 19(1) of the PMLA."