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Synopsis

Principal District and Sessions Judge-cum-Special Judge Vinay Kumar Gupta of the Rouse Avenue Court, Delhi, on Monday stayed the bail hearing proceedings against Aam Aadmi Party (AAP) Minister Satyendra Jain in a Money Laundering case.

Court ordered, “In the meantime the proceedings before the court of Ld. Special Judge shall remain stayed till next date of hearing.”

Court also issued notice on the application and sought a reply from the respondents on the next date of hearing i.e. September 30, 2022.

On September 15, Additional Solicitor General (ASG) SV Raju appearing for the Enforcement Directorate (ED) moved an application for transfer of complaint case before the Special CBI Judge Geetanjali Goel.

The bail application filed by Satyendra Jain pertains to his arrest in a Money Laundering case.

Satyendra Jain was arrested by the Enforcement Directorate in the case on May 31, 2022.

In April, ED attached assets worth Rs 4.81 crore linked to Jain and his family. ED initiated an investigation based on an FIR registered by the Central Bureau of Investigation (CBI) against Jain and others under relevant sections of the Indian Penal Code and the Prevention of Corruption Act.

It is alleged that when Jain was a public servant, companies owned and controlled by him received up to Rs 4.81 crore from shell companies through the Hawala network.

Case Title: Directorate of Enforcement v. Satyendra Jain