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Delhi Liquor Policy Scam: The Enforcement Directorate (ED) has arrested Raghav Magunta, son of YSR Congress Party’s Lok Sabha MP Magunta Sreenivasulu Reddy, in a money laundering case related to the Delhi Excise Policy.
Giving information about this on Saturday, the officials said that Raghav Magunta was taken into custody on Friday evening under the Prevention of Money Laundering Act (PMLA). He is expected to be produced before a local court, where the ED will seek his custody. This is the ninth arrest by the ED in this case and the third this week.
The ED had arrested Gautam Malhotra, son of former Punjab SAD MLA Deep Malhotra, and Rajesh Joshi, director of an advertising company named Rath Productions Media Pvt Ltd, earlier in the week. The agency had alleged that a cartel called ‘South Group’ of liquor retailers, wholesalers and manufacturers was formed as part of the now scrapped Delhi excise policy and the father-son duo was part of it.
The ED had carried out searches at premises linked to the MP last year. The ED has so far filed two chargesheets or prosecution complaints in the case.
The money laundering case stems from a CBI FIR. Delhi’s Deputy Chief Minister Manish Sisodia and other excise officials of the government were named as accused in the CBI and ED complaints.
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