In a significant development, Aam Aadmi Party (AAP) leader and former Delhi minister Satyendar Jain has been granted bail in the high-profile money laundering case against him. The court, while granting bail, acknowledged that Jain has “suffered a long incarceration” and must be released.
Jain was arrested by the Enforcement Directorate (ED) on May 30, 2022, for allegedly laundering money through four companies linked to him. He has been in judicial custody since his arrest. The bail order comes after Special Judge Rakesh Syal reserved the decision following arguments from both the accused and the ED.
Jain’s counsel argued that there was no purpose in keeping him in custody any longer, while the ED opposed the bail, claiming that Jain might influence witnesses or flee from justice if released. The ED’s case is based on an FIR lodged by the Central Bureau of Investigation (CBI) in 2017 under the Prevention of Corruption Act.
This decision marks a major relief for Jain after his prolonged judicial custody.
