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Supreme Court rejects Satyendar Jain’s bail plea, asks him to surrender forthwith

Jain had sought extension of the bail in a money laundering case on medical grounds.

Supreme Court rejects Satyendar Jain’s bail plea, asks him to surrender forthwith

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In a setback to the Aam Aadmi Party, the Supreme Court on Monday dismissed former Delhi minister Satyendar Jain’s bail plea in connection with a money laundering case. The court ordered Jain to surrender forthwith.

A bench of Justices Bela M Trivedi and Pankaj Mithal also rejected the bail plea of the other two co-accused Ankush and Vaibhav Jain.

Earlier in May last year, Jain was granted interim bail for six weeks on medical grounds.

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Appearing for Jain, senior advocate Abhishek Manu Singhvi said that his client had been incarcerated for a year. He said that probe agencies were trying to convert an income tax case into a money laundering matter.

Singhvi also urged the top court to grant bail to Jain saying that he was not a flight risk or threat to witnesses. The senior advocate also said that this was a matter of life and liberty for Jain.

Jain was arrested in May 2022 in a disproportionate assets case. He is accused of misusing his position as minister from February 2015 to May 2017 to acquire disproportionate assets worth ₹1.47 crore.

Subsequently, the Enforcement Directorate started a probe into alleged money laundering through three firms linked to him.

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