SC rejects bail application of Satyendar Jain & other in money laundering case

Satyendar Kumar Jain Vs Directorate of Enforcement (Madras High Court) Supreme Court rejected the bail application of Shri Satyendar Kumar Jain and others involved in the case of money laundering as appellants have not complied with the twin mandatory conditions laid down in Section 45 of Prevention of Money Laundering Act, 2002. Facts- An FIR came to be registered against Shri Satyendar Kumar Jain, Minister in the Government of National Capital Territory of Delhi & Others, for the offences u/s. 109 IPC and 13(2) r.w.s 13(1)(e) of the PC Act, 1988. After the investigation, a Charge-sheet c...