Tuesday, August 9, 2022

Money Laundering Case: AAP’s Satyendar Jain sent to 14-days judicial custody

In a money laundering case, Rouse Avenue court sentenced AAP leader and Delhi Health Minister Satyendar Jain to 14 days in judicial custody.

Last month, the Enforcement Directorate nabbed Jain in a money laundering case. Since 2017, the investigation has been ongoing, and the Minister was detained on May 30. The ED has stated that during the search on June 7, it seized many damning documents and digital records.

The total movable assets were taken from an “unexplained source” and “discovered to be hidden” in the raided locations, according to the ED.

The ED confiscated more than Rs 2 crore in cash and 1.8 kilogramss of gold during raids on Jain and his associates in a money laundering case. According to the ED, Jain refused to cooperate during the interrogation.

Senior lawyers Kapil Sibal and N Hariharan, on the other hand, contested the remand extension, claiming that the recoveries have nothing to do with Jain.

“In the last two days, ED has not asked any questions concerning the gold and jewellery,” they claimed.

He was previously detained by the ED from May 31 to June 9. He was arrested in a money laundering case related to the CBI’s Disproportionate Asset (DA) probe.

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