NEW DELHI: Today, Delhi Court sent AAP Minister Satyendar Jain to 14 days of judicial custody in connection with a money laundering case being probed by the Enforcement Directorate. The decision came after Jain’s 5 days of ED custody expired today, Earlier, he was remanded to 9 days of custody.
Satyendar Jain was arrested last month. The ED had then sought 14 days of custody of Jain in the matter. He has also moved a bail application before Special CBI Judge Geetanjali Goel in the matter which will be heard tomorrow.
At that time, Delhi High Court has stayed the Trial Court’s direction permitting Satyendar Jain’s counsel to remain present during his interrogation in the matter.
The agency had attached properties worth Rs. 4.81 crore belonging to five companies and others in connection with an alleged disproportionate assets case against Jain and others.
“During the period 2015-16, when Satyendar Kumar Jain was a public servant, the above mentioned companies beneficially owned and controlled by him received accommodation entries to the tune of Rs.4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through ‘hawala’ route,” the ED had earlier said in a statement.
We hope that this article helped you In some way or another! For more such information, follow us on Instagram, Facebook, Twitter, Youtube, Telegram, or simply subscribe to our newsletter.
DOWNLOAD OUR FREE LEGAL MAGAZINE – LAW MANTHAN 1ST EDITION