Delhi minister Satyendar Jain denied bail in money laundering case

The agency had claimed to have seized "unexplained" cash worth Rs 2.85 crore and 133 gold coins after similar raids were conducted against Jain's family and others after his arrest.

PTIUpdated: Saturday, June 18, 2022, 01:13 PM IST
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Delhi Minister Satyendar Jain's custodial remand extended for 2 weeks | PTI

A court here Saturday dismissed the bail plea of Delhi minister Satyendra Jain, arrested by the Enforcement Directorate in a money laundering case.

Special Judge Geetanjli Goel denied the relief to Jain, saying the stage was not fit for grant of bail to him.

"The Bail application is dismissed," the judge said.

The court had reserved order after hearing arguments from Jain as well the ED. The ED had arrested Jain in a money laundering case. He was taken into custody under criminal sections of the Prevention of Money Laundering Act (PMLA).

Jain is currently in judicial custody.

After Jain was taken into custody, all the portfolios held by him were allocated to Delhi Deputy Chief Minister Manish Sisodia.

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