Money Laundering Case: Delhi Court Stays Proceedings Against AAP Leader Satyendar Jain

A Delhi Court on Monday stayed the trial court proceedings against Aam Aadmi Party leader Satyendar Jain, who is presently in judicial custody in a money laundering case, after the Enforcement of Directorate (ED) moved an application seeking transfer of the case from a Special Court.

Issuing notice on the application, Principal District & Sessions Judge Vinay Kumar Gupta sought response of Satyendar Jain and other accused persons including Ankush Jain, Vaibhav Jain, Poonam Jain and M/s J.J. Ideal State.

"In the meantime the proceedings before the court of Ld. Special Judge shall remain stayed till next date of hearing," the Court ordered while listing the matter for hearing on September 30.

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 Metal impex, 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.

Recently, the Delhi High Court had dismissed a public interest litigation seeking to declare Satyendar Jain as a person of 'unsound mind' thereby seeking his disqualification from the Delhi Legislative Assembly.

Another PIL seeking Jain's suspension amid probe by Enforcement Directorate was dismissed by High Court in July.

Previously, the High Court had stayed the Trial Court direction permitting Jain's counsel to remain present during his interrogation in the matter. The condition was imposed by the trial Court while remanding Jain to ED's custody till June 9.

Case Title: ED v. Satyendar Jain