The Enforcement Directorate has arrested two company executives linked to the liquor trade
New Delhi: Enforcement Directorate (ED) officers investigating the alcohol fraud case in Delhi have arrested two Hyderabad businessmen. The agency took custody of Aurobindo Pharma director P. Sharath Reddy and businessman Vinay Babu. The two businessmen are transferred to the ED office in Hyderabad.
It was the third arrest of Hyderabad businessmen after the CBI arrested businessman Abhishek Boinpally. Although ED officers did not confirm the arrest, a team of ED officers picked up two businessmen, Sharath Reddy and Vinay Babu, from their homes this morning and transferred them to the ED office in connection with the Delhi alcohol fraud case.
Earlier, the ED interviewed Sharath Reddy in Delhi on September 21, 22 and 23 in relation to the case. The agency found that Sharath Reddy and Vinay had made transactions related to the Delhi liquor store.
Similarly, ED and Income Tax Department officials are also conducting raids on MP Gayatri Ravi’s residence in Srinagar Colony and his business firms in Karimnagar. These raids are taking place in connection with the irregularities in the granite business.
In September, they arrested Sameer Mahandru, CEO of spirits maker Indospirit.
The agency raided the premises of Delhi PA Deputy Prime Minister Manish Sisodia earlier this month and later questioned him at their Delhi office.
The money laundering case goes back to a CBI FIR that named Sisodia, among others, as a defendant. The CBI had searched the premises of the Deputy Prime Minister and some government bureaucrats in Delhi after filing the case.
The excise regime came under scrutiny after the Delhi LG recommended a CBI investigation into alleged irregularities in the implementation of the Delhi Excise Directive 2021-22. The LG had also suspended 11 excise officers from duty.