A Delhi court granted bail on Friday to AAP leader and former Delhi cabinet minister Satyendar Jain in a money laundering case, citing “delay in trial” and his “long incarceration.”
Jain was arrested by the Enforcement Directorate (ED) on May 30, 2022, accused of laundering money through four companies allegedly connected to him. He has been in judicial custody since his arrest.
“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, as quoted by PTI.
The judge set bail at a bond of Rs 50,000, requiring two sureties of the same amount.
The ED’s case against Jain stems from an FIR filed by the Central Bureau of Investigation in 2017 under the Prevention of Corruption Act.