Satyendar Jain, an AAP leader and former Delhi minister who is presently incarcerated, was moved to Safdarjung Hospital after expressing concerns about his declining health.
Satyendar Jain petitioned the Supreme Court for bail in a money laundering case against him on May 15.
He has appealed the Delhi High Court's decision to deny his bail application in the money laundering case against him.
The bail plea of Satyendar Jain was dismissed by the Delhi High Court on April 6. The court, in rejecting the bail plea, expressed concerns about the applicant's influence and the possibility of tampering with evidence.
As of now, Satyendar Jain's applicant cannot be held accountable for failing to fulfil the dual requirements of the Prevention of Money Laundering Act (PMLA).
After multiple hearings, the High Court reserved the order on March 21, having concluded the submissions presented by both the defence and prosecution sides.
During the arguments, Additional Solicitor General (ASG) SV Raju argued for the Enforcement Directorate, claiming that money laundering against Jain and the other co-accused is unequivocal.
Satyendar Jain was arrested on May 30, 2022, by the Enforcement Directorate under sections of the Prevention of Money Laundering Act (PMLA) and is currently in Judicial Custody for the said case.
The Enforcement Directorate (ED) opened an investigation based on a complaint filed by the Central Bureau of Investigation (CBI) alleging that Satyendar Jain purchased movable properties in the names of various people between February 14, 2015, and May 31, 2017.
Jain was unable to provide satisfactory explanations regarding the acquisition of these properties.
