Yesterday, the apex court granted him bail considering that all the important witnesses in the case have been examined. Jain, who was the minister for housing in the Shiv Sena-BJP government in the 1990s, has stayed in jail for over four-and-half years so far.
He was arrested in March, 2012 for allegedly favouring a builder and indulging in irregularities to the tune of Rs 29 crore. Jain had allegedly favoured a firm which got the contract for constructing tenements under the Gharkul housing scheme in Jalgaon district.
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