Money laundering case: Delhi court stays proceedings against Satyendar Jain, ED seeks transfer of trial

A Delhi court Monday stayed the proceedings in a money laundering case against AAP leader and former minister Satyendar Jain following an application filed by the Enforcement Directorate (ED) seeking transfer of the entire proceedings from a special court.

On September 15, ED Additional Solicitor General (ASG) S V Raju had moved an application seeking transfer of the proceedings from the court of Special Judge Geetanjali Goel. 

The bail hearing was in its final stages with Jain's lawyers wrapping up their arguments, and the ED seeking an additional date to address further arguments.

On Monday, Raju apprised Principal District and Sessions Judge Vinay Kumar Gupta about the application following which a notice was issued to the respondents in this case. The matter will be heard on September 30.

Advocate Sushil Kumar Gupta, who represents two of the accused Vaibhav Jain and Ankush Jain, accepted the notice on behalf of his clients expressing surprise over the fact that the ED sought transfer of the entire trial in this case. 

The ED had arrested Jain in connection with a case based on a CBI FIR lodged against him in 2017 under the Prevention of Corruption Act. 

Jain was accused of having laundered money through four companies allegedly linked to him.