Delhi Excise Policy Scam: Supreme Court declined bail plea of AAP leader Satyendra Jain in a money laundering case

Today, the Supreme Court (SC) of India was hearing the bail plea of Aam Aadmi Party (AAP) leader Satyendra Jain in a money laundering case in connection with the Delhi Excise Policy Scam. The SC bench declined to grant bail to Mr. Satyendra Jain as well as canceled the interim bail granted to him in May 2023. Justice Bela M Trivedi and Justice Pankaj Mithal ordered “All the appeals are dismissed. Mr. Satyendra Jain will have to surrender forthwith.” During the proceedings, Additional Solicitor General SV Raju, who appeared for ED (Enforcement Directorate) strongly opposed the bail plea of Mr. Jain. He said, “Unaccounted cash of over four crores was received in these companies (involved in the alleged money laundering racket), through entries. This is not disputed.” The counsel appearing for the AAP leader, Senior Advocate AM Singhvi, requested before the SC bench to grant him some time to surrender as he was going through physiotherapy whereas the bench refused to grant time. Earlier in May 2023, the SC granted bail to Mr. Satyendra Jain on medical grounds. After hearing the matter, the SC bench dismissed the bail plea and asked Mr. Jain to surrender forthwith.