ED's case against Satyendar Jain a political conspiracy, says Atishi

The Aam Aadmi Party on Tuesday alleged that the money laundering case against party leader Satyendar Jain was a “political conspiracy” and claimed the Enforcement Directorate was “relying on statements from hawala operators” without recovering any proceeds of the crime.

In a setback to Jain, the Supreme Court on Monday dismissed his regular bail in a money laundering case, saying there is sufficient material collected by the ED to show that he along with his two associates are prima facie guilty of the alleged offence.

In a statement, Delhi Cabinet minister and AAP leader Atishi said, “Yesterday, the Supreme Court decided to decline bail to Jain. We respect the Supreme Court and due procedure of law but respectfully disagree with the apex court’s decision. The case in which he has been incarcerated is completely false.”

The ED arrested Jain on May 30, 2022, on the charge of laundering money through four companies allegedly linked to him.

Atishi, however, claimed that Jain was neither the director nor the owner during the timeframe for which this case was made out against him while his wife had an insignificant shareholding.