Court grants bail to AAP leader Satyendar Jain in money laundering case

Quick Summary:

A Delhi court on Friday granted bail to AAP leader and former Delhi cabinet minister Satyendar Jain in a money laundering case, citing "delay in trial" and his "long incarceration".

"Considering the delay in trial and long incarceration of 18 months, and the fact that trail will take long to start, let alone conclude, accused is favourably suited for the relief," said Special Judge Vishal Gogne.

Jain was arrested by the Enforcement Directorate (ED) on May 30, 2022, on the charge of laundering money through four companies allegedly linked to him.

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Category: BusinessFinance

Markets: India

Topics: Satyendar Jain bail Satyendar Jain PMLA case Delhi court Satyendar Jain released

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-18 @ 16:36:18 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 208 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 26 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23118374

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