NEW DELHI: A Delhi court on Friday deferred the bail hearing of Delhi minister Satyendar Jain to November 5 in a money laundering case after Jain’s lawyer, senior advocate N Hariharan, submitted before the court that if Jain was not a minister, there would be no case. “These allegations were levelled at a time when Jain was in office as a minister. Without his being there in public office, no scheduled offence as envisaged under section 13(1)(e) could have been alleged,” submitted senior advocate Hariharan. Section 13 (1) (e) of Prevention of Corruption Act states that if any person, who is in the public office, has accumulated wealth, he is liable to be tried under this section of the Act. The Enforcement Directorate had initiated the money-laundering investigation based on a case registered by Central Bureau of Investigation (CBI) in 2017, under the Prevention of Corruption Act, 1988, against Jain, his wife Poonam, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain and Ankush Jain. A year later CBI filed a chargesheet in the matter. The allegations against the minister include that he had acquired movable properties in the name of various persons between 2015 and 2017, which he could not explain. These assets were acquired in form of accommodation entries amounting to Rs 4.81 crore from shell companies against cash transferred to Kolkata-based entry operators through a hawala route, state the allegations. TNN
Source: https://timesofindia.indiatimes.com/city/delhi/money-laundering-case-jain-bail-hearing-deferred/articleshow/95152769.cms