NEW DELHI: On February 27, the Delhi High Court will hear the Enforcement Directorate's last plea over the bail request of incarcerated AAP Minister Satyendar Jain in connection with a money laundering case.
Due to another urgent case, Justice Dinesh Kumar Sharma was unable to hear the arguments made by Additional Solicitor General (ASG) S. V. Raju for ED; nonetheless, the judge ruled that the ASG's final arguments will be discussed next week.
The ASG had earlier contented that money laundering is crystal clear.
"Some contend that Satyendar Jain is unrelated to it. I need to prove that Satyendar Jain was directly involved in these events "He had said.
Earlier, on February 13, the High Court postponed the hearing on Satyendar Jain's release request as well as the bail requests of co-accused Ankush Jain and Vaibhav Jain.
On February 8, attorney Sushil Kumar Gupta finished his arguments before the Justice Sharma bench on behalf of Ankush Jain and Vaibhav Jain, the two ministerial assistants.
He had contended that in the current case, the Enforcement Directorate is just investigating the predicate offence and not the money laundering case, and that the agency had presumptively established a case of disproportionate assets but this could not be their case because the agency must first establish the existence of a scheduled offence.
Gupta had contended that the role the ED has assigned to his clients (Ankush Jain and Vaibhav Jain) in the current case should be different from the CBI case, but the ED has accused them under the same rules, citing the Vijay Madan Lal Decision of the supreme court.
He had further argued that the "proceeds of crime is the core" that needed to be set up in the present case by the ED to have a case against his clients.
"We have been roped in because the company, as per the Enforcement Directorate, belonged to Satyendar JainWe are stating that it is our company, not Satyendar Jain's." The Jains' counsel had said that Satyendar Jain has nothing to do with the company and that all the companies belong to them, on behalf of his clients Gupta earther said.
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