SC Rejects Delhi Ex Minister Satyendar Jain’s Bail In Money Laundering Case

The Supreme Court yesterday rejected the bail plea of former Delhi Minister Satyendar Jain in the money laundering case, asking him to surrender forthwith.

A bench of Justice Bela M Trivedi and Justice Pankaj Mithal dismissed the appeal filed by Jain. The Court also rejected the bail plea of other two accused- Ankush and Vaibhav Jain. 

The top court rejected an oral request by Jain’s counsel to allow him to surrender in a week’s time. Satyendar Jain was granted interim bail for six weeks on medical grounds on May 26 last year, and



later it was extended from time to time.

Additional Solicitor General SV Raju, appearing for the Enforcement Directorate had taken court through concurrent findings of the trial court and high court and other details related to the case.

Countering the ED submission, Senior Advocate Abhishek Manu Singhvi, appearing for Jain, had said that his client had been incarcerated for a year. He also remarked that probe agencies are trying to convert an income tax case into a money laundering matter.