Delhi High Court Grants Bail in Satyendar Jain Money Laundering Case
The Delhi High Court granted bail to Vaibhav and Ankush Jain in a money laundering case involving AAP leader Satyendar Jain. The court emphasized that bail should be the norm rather than the exception, noting the long incarceration of the accused and pending investigations could delay proceedings significantly.
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The Delhi High Court has granted bail to Vaibhav Jain and Ankush Jain, accused in a money laundering case tied to AAP leader Satyendar Jain. Justice Manoj Kumar Ohri highlighted the principle that in such cases, bail should be the rule, not the exception.
In an 18-page verdict, Justice Ohri noted that Section 45 of the Prevention of Money Laundering Act should not serve as a tool to simply incarcerate individuals. With significant procedural delays anticipated, the court pointed out the necessity of adhering to Article 21 of the Constitution, which prioritizes personal liberty.
The court found that, with numerous accused and extensive evidence yet to be examined, the trial is unlikely to conclude soon. Bail was also granted to Satyendar Jain, further indicating protracted proceedings. Vaibhav and Ankush Jain were granted bail with specific conditions, including restrictions on leaving Delhi/NCR.
(With inputs from agencies.)