The Delhi High Court grants bail to two persons in a money laundering case involving Satyendar Jain

They have been accused by the Enforcement Directorate (ED) of laundering money for Aam Aadmi Party (AAP) leader Satyendar Jain. recently granted bail by a Delhi court.

The case against Satyendar Jain was registered on allegations that he had acquired movable properties in the names of various persons between 2015 and 2017, for which he could not provide a satisfactory explanation.

Later, the ED also registered a case alleging that several companies beneficially owned and controlled by it had received accommodation entries worth ₹4.81 crore from shell companies against cash routed through a Kolkata-based access operator transferred. hawala route.

Ankush and Vaibhav Jain were arrested for allegedly helping officials in projecting Satyendar Jain’s assets as their own.

According to ED, both Ankush Jain and Vaibhav Jain had knowingly assisted Satyendar Jain in money laundering by facilitating the integration of the tainted money into the financial system.

They were arrested in 2022 and briefly granted interim bail due to health issues related to their family members.

They were granted regular bail today.