New Delhi, 29 October (Hindustan Reporter). Delhi High Court has granted bail to Ankush Jain and Vaibhav Jain accused in the money laundering case. The bench of Justice Manoj Kumar Ohri on Tuesday ordered bail to both the accused.
In this case, Rouse Avenue Court had granted bail to former Delhi government minister Satyendar Jain on October 18. Satyendra Jain is accused of creating fake comp.es in the years 2009-10 and 2010-11. These comp.es include Akinchan Developers Private Limited, Indo Metal Impex Private Limited, Prayas Info Solutions Private Limited, Mangalayatan Projects Private Limited. Apart from Satyendra Jain, those who have been made accused by ED in this case include his wife Poonam Jain, Ajit Prasad Jain, Sunil Kumar Jain, Vaibhav Jain, Ankush Jain, M/s Akinchan Developers Pvt. Ltd., M/s Prayas Info Solutions Pvt. Ltd., Mangalayatan Projects Pvt. Ltd. and JJ Ideal Estate Pvt. Ltd.
In this case, ED had arrested Satyendra Jain on 30 May 2022. On July 27, 2022, ED had named six accused including Satyendar Jain and four comp.es as accused. Those named as accused by ED in the charge sheet include the names of Satyendra Jain, Satyendra Jain’s wife Poonam Jain, Vaibhav Jain, Ankush Jain, Sunil Kumar Jain, Ajit Kumar Jain, besides Akinchan Developers Pvt Ltd, Prayas Infotech Pvt Ltd and JJ Ideal.