Satyendar Jain denied bail

Story by  ATV | Posted by  Nakul Shivani • 1 Years ago
Satyendar Jain
Satyendar Jain

 

New Delhi

A Delhi Court has denied bail to Delhi Minister, Satyendar Jain in the money laundering case registered against him by the Enforcement Directorate (ED).

Jain is currently in Judicial custody.

He was arrested on May 30 on basis of a case filed by the CBI in 2017 under the Prevention of Corruption Act.

The Delhi Minister is accused of siphoning off money through atleast four shell companies linked to him. A case was registered against him, his wife and some of his accomplices for laundering funds to the tune of 11.78 crore from 2010-2012.

Opposing the bail plea, ED had argued that Jain was evasive and non-cooperative during questioning. It also told the court that since the investgation is ongoing, bail to him would severly hinder further investigations in the case.

Special CBI Court Judge Geetanjali Goel dismissed the bail application.