Delhi Court Grants Bail to Former Minister Satyendar Jain in Money Laundering Case
New Delhi, 18th October 2024: Delhi’s Rouse Avenue Court granted bail to former Delhi minister and Aam Aadmi Party (AAP) leader Satyendar Jain on Friday in a money laundering case, citing “delay in trial” and his “extended incarceration.” Jain has been in judicial custody for 18 months since the Enforcement Directorate (ED) arrested him on May 30, 2022. The case involves allegations of laundering money through four companies purportedly linked to him.
Special Judge Vishal Gogne stated in his ruling that the trial had not yet commenced and could take a considerable amount of time to conclude, making Jain eligible for bail. “Taking into account the delay in trial and Jain’s lengthy incarceration of 18 months, along with the expectation that the trial will take a long time to start and conclude, the accused is suitably positioned for relief,” the judge explained.
The court granted Jain bail on a bond of ₹50,000, along with two sureties of the same amount. The case stems from a 2017 FIR filed by the Central Bureau of Investigation (CBI) under the Prevention of Corruption Act, with the ED currently investigating the money laundering allegations. Despite being granted bail, Jain still faces legal hurdles as the trial has yet to commence.
