Satyendar Jain, the head of the Aam Aadmi Party and a former cabinet member in the Kejriwal administration, has taken a significant hit from the Delhi High Court. In the money laundering case, the court denied Satyendra Jain's request for bail. Moreover, co-accused Vaibhav Jain and Ankush Jain's bail has been temporarily suspended in the case.
On May 30 of last year, the Enforcement Directorate (ED) detained Satyendar Jain in connection with the money laundering case. Satyendar Jain, the head of the Aam Aadmi Party, has been detained in Delhi's Tihar Prison for the past ten months.
Jain is charged with using four businesses to launder money. On Thursday, Justice Dinesh Kumar Sharma delivered the decision on his bail request. After hearing the arguments made by the attorney for the investigative agency and the 'AAP' leader on March 21, the High Court had reserved its judgement about the bail plea.
Satyendar Jain had previously informed the court that there was no evidence to support a case against him and that he was aiding the inquiry. He had also contended that because the case's charge sheet had been submitted, there was no reason to keep him behind bars. The leader of the "AAP" contested the judgement rendered by the lower court on November 17 of last year.
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