Satyendar Jain’s bail application is still pending

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The Central Bureau of Investigation (CBI) Court adjourned its decision on Delhi Health Minister Satyendar Jain’s appeal for bail in a money laundering case on Tuesday.

According to Jain’s senior counsel, “no complaint of money laundering has been lodged against him.” Witnesses, on the other hand, are allegedly being threatened by the prosecution. He has the potential to sway witnesses, and the investigation is still ongoing. He’s a Hawala money launderer.

Judge Geetanjali Goel of the Special CBI reserved the order after a long hearing. The order is expected from the court on June 18th. Jain was arrested on May 30 by the Enforcement Directorate. He was sentenced to judicial jail on Monday, with a date of release set for June 27.

Satyendar Jain is being held under judicial detention following a 13-day interrogation, according to senior counsel N Hariharan. Because the legal prerequisites aren’t met, no charge of money laundering can be brought against him.

“Jain will not be able to flee. He left India and came back during the investigation. The proof can’t be tampered with in any manner. Finally, there have been no threats against witnesses. The agency has documented the statements of witnesses. He’d also testified seven times in front of ED, and his testimonies had been recorded “Hariharan had this to say about it.
According to the firms’ senior counsel, the land was also purchased by them. Jain had no control over the companies because he owned a small share in them. Companies and shareholders are two different things. The assets of the corporation are not considered the assets of the shareholders.