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today’s ruling by the SC on Jain’s bail plea

On Monday, the Supreme Court will render a decision on AAP leader Satyendar Jain’s plea for regular bail in a case involving money laundering. On March 18, a bench that heard arguments from Additional Solicitor General SV Raju for the Enforcement Directorate (ED) and senior advocate Abhishek Singhvi for Jain is anticipated to render a decision regarding co-accused Ankush Jain’s bail request. The bench had previously reserved its judgment on January 17.

 

Jain was detained by the ED on May 30 of last year and is charged with money laundering via four purportedly connected firms. The case stems from a 2017 CBI FIR filed under the Prevention of Corruption Act against him. He has appealed the Delhi High Court’s ruling from April 6, 2023, which denied him bail in the money laundering case. The AAP leader was given a six-week temporary bail by the top court on May 26 due to medical reasons. His temporary bail has been increased many times since then.

The senior AAP leader’s temporary release was extended by the top court, which had previously warned him not to use the case’s pending status as a pretext to postpone the trial.

The Delhi High Court denied Jain’s bail request in a money laundering case on April 6 of last year, citing testimony from witnesses that he was the mastermind, creator, and source of funding for the purported crime. According to the ED, the AAP leader repeatedly requested adjournments from the trial court, citing his pending bail application to the supreme court.

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