Trial court denies bail to Delhi Minister Satyendar Jain, 2 others Money laundering case

The CBI Court at Rouse Avenue on Thursday dismissed the bail petitions of Delhi Minister Satyendar Jain, and two others in the money laundering case. Jain was arrested on May 30, 2022, under sections of the Prevention of Money Laundering Act by the Enforcement Directorate. Special CBI Judge Vikas Dhull said all three bail petitions are dismissed and fixed the matter for November 29, 2022, for arguments in the main matter. Senior advocates N Hariharan and Rahul Mehra submitted that it is alleged that a conspiracy for money laundering was hatched in 2010. At the time neither Jain was an MLA nor a minister. So how could he hatch a conspiracy for money laundering? — ani