The Delhi High Court has denied bail to former AAP (Aam Aadmi Party) minister Satyendar Jain in a money laundering case involving ₹4.81 crore ($690,000) in accommodation entries. Jain, who was arrested by the Enforcement Directorate (ED) on 30 May last year, had appealed to the high court after his bail petition was dismissed by the trial court in November 2018. It was claimed that companies owned and controlled by Jain received the entries from shell companies via a hawala (an informal money transfer) route. Jain argued that the trial court and the ED had misunderstood and misapplied provisions of the Prevention of Money Laundering Act. The detailed order has yet to be issued.
