India

SC Adjourns AAP’s Jaswant Singh Arrest Plea Hearing To June 18 In Bank Fraud Case

The Supreme Court will hear the petition filed by Aam Aadmi Party MLA Jaswant Singh Gajjan Majra on June 18. Jaswant Singh is in jail under money laundering in a case related to bank fraud. The court has refused to grant interim relief.

A vacation bench of Justice Sanjay Karol and Justice Augustine George Masih is hearing the case. The Court has directed Jaswant Singh to file a reply before the next hearing. During the hearing of the case, Solicitor General Tushar Mehta, appearing for the ED, said that the matter is about Section 19 of the Prevention of Money Laundering Act and sufficient grounds.

He further added that the issues raised in this case resemble those in the Arvind Kejriwal case, where the verdict has already been reserved.

Senior advocate Vikram Chaudhary, representing the AAP MLA from Punjab, argued that the issues do not bear resemblance and that the primary reason for remanding the accused is their absence from a court hearing.

Notably, the court had refused to grant interim bail to AAP MLA Jaswant Singh Gajjan Majra, in the last hearing.

Jaswant Singh has challenged the decision of the Punjab and Haryana High Court in the Supreme Court. Singh has also challenged the arrest and remand order by the ED in the Supreme Court.

The High Court, while rejecting Jaswant Singh’s petition, maintained that Jaswant’s arrest was correct. M/s TCL had obtained a loan and credit facility of Rs 46 crore and the petitioner was its director. It is worth mentioning that ED has detained Jaswant.

The petitioner stands accused of transferring the aforementioned amount to other companies. The activity was contrary to the terms and conditions of providing loan facilities.

Jaswant Singh stands accused of transferring Rs 3.12 crore to the personal account of an AAP leader. Following the findings of a forensic audit report, the RBI was notified of fraudulent activities in the account of M/s TCL on February 9, 2018.

Subsequently, Singh was repeatedly urged to cooperate with the investigation, yet he continually delayed. Finally, in November 2023, the Enforcement Directorate (ED) took action and arrested him for non-compliance with the investigation.

Also Read: SC Rejects Latest Appeal in BJP Worker Yogesh Gaudar Murder Case

Shibra Arshad

Recent Posts

Sanskriti Diwas Marks 98th Birth Anniversary Of Kashiraj Dr Vibhuti Narayan Singh

Program coordinator Chakravarti Vijay Navad announced that 11 prominent individuals received the Kashiraj Dr. Vibhuti…

12 mins ago

Mallikarjun Kharge Slams ‘Batenge Toh Katenge’ Slogan During Jharkhand Campaign

Kharge emphasized that the BJP leaders promote divisive rhetoric as part of their agenda. He…

2 hours ago

Police Arrest Two In Fake Marriage Certificate Racket In Name Of Arya Samaj

DCP Nagar Abhishek Bharti revealed that five couples, including Shivani and Shrikant Yadav, recently filed…

2 hours ago

India And Nigeria Strengthen Counter-Terrorism Cooperation In Second Strategic Dialogue

Doval and Ribadu held detailed talks on challenges linked to terrorism and radicalization, including those…

3 hours ago

Ola Electric’s Share Hits All-Time Low Of Rs 74 Ahead Of Q2 Results

Analysts predict that the stock could drop closer to the Rs 70 mark. Ola Electric…

4 hours ago

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

4 hours ago