The Delhi High Court on Tuesday issued notice to the Enforcement Directorate on Aam Aadmi Party (AAP) leader Satyendar Kumar Jain's default bail plea in the Money Laundering Case. Satyender Jain challenges Delhi's Rouse Avenue Court's order passed on 15 May, which had denied him default bail in the matter.
The bench of Justice Swarna Kanta Sharma after noting down the submissions, sought a response from ED and fixed the matter for a detailed hearing on 9 July.
Jain, through this default bail plea before the Delhi High Court, contended that the ED failed to complete the investigation in all respects within the statutory period.
Jain further submits that the prosecution complaint, which is not complete in all respects, was filed in an attempt to deprive the applicant of his right to default bail under the provisions of Section 167 (2) Code of Criminal Procedure.
He further submits that it is a settled position of law that filing the chargesheet when investigation is pending, can not be used to scuttle the right of default bail.
A chargesheet should be filed only when the investigation is complete. Filing an incomplete chargesheet or complaint in a PMLA case, when the investigation is pending, is violative of the fundamental right of an accused under Article 21 of the Constitution of India.
It negates the indefeasible right to default bail under Section 167 (2) Code of Criminal Procedure. Therefore, even if a chargesheet is filed, when the investigation has not been completed, an accused in a PMLA case also would be entitled to default bail.
Recently, the Supreme Court dismissed the bail plea of former Delhi Minister Satyendar Jain in a money laundering case.
On April 6, last year the Delhi High Court dismissed the bail plea of Satyendra Jain. The HC while dismissing the Satyendar Jain bail plea, stated that the applicant is an influential person and has the potential to tamper with evidence. Satyender Jain/applicant, at this stage, can't be held to clear the twin conditions of the Prevention of Money Laundering Act (PMLA).
On 17 November 2022, the trial court dismissed the bail petition of Satyendar Jain. He was arrested on 30 May 2022, under sections of the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate and is presently in Judicial Custody in the case.
The ED case is based on a Central Bureau of Investigation (CBI) complaint registered on the allegation that Satyendar Jain had acquired movable properties in the name of various persons from 14 February 2015, to 31 May 2017, which he could not satisfactorily account for. (ANI)
