Dynamite News
Delhi Minister Satyendar Jain, 2 Co-accused Denied Bail In Alleged Money Laundering Case
Satyendar Jain was arrested on 30 May 2022 under sections of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate. Read on for details:
New Delhi: The CBI Court at Rouse Avenue on Thursday denied bail to minister Satyendar Jain in connection with the money laundering case being probed by the Enforcement Directorate (ED). Special judge Vikas Dhull also rejected bail to co-accused Vaibhav and Ankush Jain in the case.
Jain was arrested on 30 May 2022 under sections of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate.
Special CBI Judge Vikas Dhull today said all three bail petitions are dismissed and fixed the matter for 29 November 2022, for arguements in the main matter.
The ED case is based on a Central Bureau of Investigation (CBI) complaint registered on the allegation that Satyender Jain had acquired movable properties in the name of various persons from 14 February 2015 to 31 May 2017 which he could not satisfactorily account for. (Agencies)