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regular-article-logo Monday, 23 December 2024

Delhi court grants bail to Aam Aadmi Party leader Satyendar Jain in money laundering case

Jain was arrested by the Enforcement Directorate on May 30, 2022, on the charge of laundering money through four companies allegedly linked to him

PTI New Delhi Published 18.10.24, 04:29 PM
Satyendar Jain

Satyendar Jain File picture

A Delhi court on Friday granted bail to AAP leader and former Delhi cabinet minister Satyendar Jain in a money laundering case, citing "delay in trial" and his "long incarceration".

Jain was arrested by the Enforcement Directorate (ED) on May 30, 2022, on the charge of laundering money through four companies allegedly linked to him. He is currently in judicial custody.

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"Considering the delay in trial and long incarceration of 18 months, and the fact that trail will take long to start, let alone conclude, accused is favourably suited for the relief," said Special Judge Vishal Gogne.

The judge granted the relief on a bail bond Rs 50,000 with two sureties of like amount.

The ED case stems from an FIR lodged against Jain by the Central Bureau of Investigation in 2017 under the Prevention of Corruption Act.

Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.

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