Delhi HC Rejects Jailed Minister Satyendar Jain`s Bail Plea In Money Laundering Case

New Delhi, Apr 6 (PTI) The Delhi High Court on Thursday dismissed the bail plea of former Delhi minister Satyendar Jain in a money laundering case being probed by the Enforcement Directorate (ED), noting the witnesses' claim that he was the conceptualiser, initiator and fund provider in the alleged crime. The high court said the senior AAP leader was an influential person having the potential to tamper with evidence. It 'out-rightly' rejected Jain's submission that he was not found in physical possession of any property, saying for the offence of money laundering physical possession of the proceeds of crime is not necessary. Satyendar Jain, who was arrested on May 30 last year by the ED, is accused of having laundered money through four companies allegedly linked to him.

from Zee News :India National https://ift.tt/kB7aGMS