The Delhi High Court on Thursday issued a notice to the Enforcement Directorate (ED) in a money laundering case against Delhi’s imprisoned Minister Satyendar Jain.
“I appeared before ED on 7 occasions. I have cooperated and participated in the investigation. I was arrested 5 years down the line in 2022”, submitted Sr Advocate N Hariharan while appearing for Satyendar Jain. After noting down the submissions, Justice Dinesh Kumar Sharma on Thursday sought response of the Enforcement Directorate within two weeks and fixed the matter for 20 December, 2022. On 17 November, 2022, the trial court dismissed the bail petition of Satyendar Jain. Jain was arrested on 30 May, 2022, under sections of the Prevention of Money Laundering Act by the Enforcement Directorate and is presently in judicial custody in the case.
In his bail, Jain stated that the trial court judge and ED have gravely misread and misapplied the PMLA by identifying proceeds of crime solely on the basis of accommodation entries. That accommodation entry cannot itself lead to a punishable offence.
