Delhi excise money laundering case: Court extends judicial custody of 4 accused till January 7.

New Delhi: The Rouse Avenue court on Monday extended the judicial custody of businessmen Sharath Reddy, Binoy Babu, Vijay Nair and Abhishek Boinpalli till January 7, 2023 in the alleged Delhi Excise policy scam money laundering case.
While extending the judicial custody, the court noted that the bail applications of all these accused are currently pending in this court for arguments on different dates. Special Judge MK Nagpal also noted the submission of the ED’s special public prosecutor that the agency is in the process of filing a supplementary chargesheet against all the arrested accused till January 5, 2023.
The court had earlier been informed by the Enforcement Directorate (ED) that the next charge sheet against all the arrested accused in connection with the alleged Delhi Excise policy scam money laundering case would be a general charge sheet.
In November, the ED filed its first chargesheet in the money laundering case revolving around the excise policy case. A charge sheet has been filed against industrialist Sameer Mahendru and some organizations have informed the ED officials in the court.
A charge sheet was filed against businessman Sameer Mahendru as the mandatory period of 60 days ends today. In this case, businessman Sameer Mahendru was first arrested by ED on September 27.
The ED informed the court that further investigation is underway to probe the role of the ECIR-named accused and other persons on various charges.
Investigation into the role of other accused including phase-out of the rest of the crime is still pending and a supplementary charge sheet will be filed at a later stage, the ED told the court.
The court is currently hearing five bail pleas filed by industrialists Sharath Reddy, Sameer Mahendru, Binoy Babu, Abhishek Boinpalli and Vijay Nair.
Amit Arora, the six accused who were arrested after that, are currently in judicial custody.
According to the ED, the accused public servants include Delhi Deputy Chief Minister Manish Sisodia, then Excise Commissioner Arva Gopi Krishna, Deputy Commissioner Anand Tiwari and Assistant Commissioner Pankaj Bhatnagar.

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The other accused are Manoj Rai, a former employee of Pernod Ricard; Brindco Sales Director Amandeep Dhal; Amit Arora and Dinesh Arora, directors of Buddy Retail; Official signature of Mahadev Liquors Sunny Marwah, Arun Ramachandra Pillai and Arjun Pandey.
The ED and CBI have alleged irregularities in changing the excise policy, giving undue assistance to license holders, waiving or reducing license fees and extending L-1 license without the approval of the competent authority. The beneficiaries diverted the “illegal” profits to the accused officials and made false entries in their account books to avoid investigation.
An FIR in the case was instituted on the reference of the Union Home Ministry following the recommendation of Delhi Lieutenant-Governor Vinay Kumar Saxena.

(Except for the headline, this story has not been edited by HW News staff and is published from a syndicated feed.)

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