Delhi HC grants bail to co-accused in PMLA case involving Satyendar Jain

Quick Summary:

The Delhi High Court on Tuesday granted bail to two accused -- Vaibhav Jain and Ankush Jain -- in a case of alleged money laundering involving senior AAP leader Satyendar Jain.

A court had granted bail to Satyendar Jain, who was arrested by the Enforcement Directorate (ED) in May 2022, citing "delay in trial" and his "long incarceration".

The Enforcement Directorate (ED) has claimed that Vaibhav Jain and Ankush Jain were business associates of the former Delhi minister and abetted the commission of the offence.

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Category: BusinessFinance

Markets: India

Topics: Satyendar Jain Aam Aadmi party Aap Monye laundering AAP Delhi High Court PMLA

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 12:58:46 (3 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 333 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23322080

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