New Delhi: Satyendar Jain, a former minister for Delhi and leader of the Aam Aadmi Party (AAP), filed a petition with the Supreme Court on Monday seeking bail in a money laundering case against him. He challenged the Delhi High Court order dismissing his bail petition in the money laundering case charged against him.
Since June last year Satyendar Jain has been detained at Tihar Jail.
On the basis of the First Information Report filed by the Central Bureau of Investigation (CBI) on August 24, 2017, the Enforcement Directorate opened a money-laundering investigation into Satyendar Jain, Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain, and Ankush Jain. This was done in accordance with various provisions of the Prevention of Corruption Act, 1988.
Satyendar Kumar Jain, Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain, and Ankush Jain were each charged on December 3 by the CBI.
As per the charge sheet, Satyendar Jain amassed assets that are out of proportion to his known sources of income while serving as a Minister in the Delhi government from February 14, 2015, to May 31, 2017.
Satyendar Kumar Jain and others have been charged by the CBI with violating the Prevention of Corruption Act, 1988.
In connection with the disproportionate asset and money laundering case filed against Jain, his wife Poonam Jain, and others, the Enforcement Directorate in April of this year attached immovable properties worth Rs. 4.81 crore owned by companies named Akinchan Developers Pvt. Ltd., Indo Metal Impex Pvt. Ltd., and others. Jain was then detained.
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