Satyendar Jain Money Laundering Case: Delhi Court Extends AAP Minister's ED Custody Till June 13

A Delhi Court on Thursday extended the Enforcement Directorate's custody of Aam Aadmi Party Minister Satyendar Jain till June 13, in connection with a money laundering case.

The Minister was produced before Special CBI Judge Geetanjali Goel today on expiry of his 9 days custody in the matter.

Jain was arrested last month by the agency. The Enforcement Directorate had then sought 14 days custody of Jain in the matter. Today, the agency sought five days custody.

ASG SV Raju represented ED today whereas Senior Advocate Kapil Sibal represented Jain in the case before the Special Court.

In a related news, the Delhi High Court has stayed the Trial Court direction permitting Satyendar Jain's counsel to remain present during his interrogation in the matter.

The agency had attached properties worth Rs. 4.81 crore belonging to five companies and others in connection with an alleged disproportionate assets case against Jain and others.

These assets reportedly were in the name of Akinchan Developers, Indo Metalimpex, Paryas Infosolutions, Mangalayatan Projects and J.J. Ideal Estate etc.

The money laundering case is based upon an FIR registered by the CBI against the minister and other individuals in the year 2017, under the Prevention of Corruption Act, wherein it was alleged that during the period of February 2015 to May 2017, the minister had acquired assets disproportionate to his known sources of income. The CBI had then filed a chargesheet in December 2018 against Jain.

In an earlier statement, the ED had reportedly said thus:

"During the period 2015-16, when Satyendar Kumar Jain was a public servant, the above mentioned companies beneficially owned and controlled by him received accommodation entries to the tune of Rs.4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through 'hawala' route," the ED had earlier said in a statement.