New Delhi: On Tuesday, the Central Bureau of Investigation (CBI) Court deferred its decision on Delhi Health Minister Satyendar Jain's bail request in a money laundering case.
"No charge of money laundering has been made out against him," Jain's senior counsel stated. The prosecution, on the other hand, claims that witnesses are being threatened. The inquiry is still ongoing, and he has the ability to sway witnesses. He is a money launderer who uses the Hawala channel.
After a lengthy hearing, Special CBI Judge Geetanjali Goel reserved the order. On June 18, the court is expected to issue the order. On May 30, the Enforcement Directorate (ED) detained Jain. On Monday, he was placed in judicial prison until June 27.
Senior advocate N Hariharan on behalf of Satyendar Jain submitted that said that his client is in judicial detention after a 13-day interrogation. Any case of money laundering is not made out against him as the legal requirements are not fulfilled.
"There isn't a chance that Jain running away. During the probe, he left India and returned. There isn't any way to tamper with the proof. Finally, no threats to witnesses have been reported. Witness statements have been recorded by the agency. He also had appeared in front of ED seven times, and his statements were taped "Hariharan expressed.. The land was also purchased by the firms, according to senior counsel. Jain had a little stake in the companies, hence he had no authority over them. Shareholders and companies are two distinct entities. The company's assets are not regarded to be shareholders' assets.
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