Magunta Srinivasula Reddy, a YSRCP MP, was arrested for Delhi liquor fraud

Written by Apoorva Jayachandran Magunta Raghava, the son of YSRCP MP Magunta Srinivasula Reddy, was detained by the Enforcement Directorate on Friday in connection with the Delhi liquor scam. He was detained as part of the ED’s money laundering probe into alleged irregularities in the Delhi Excise Policy case.

According to the Prevention of Money Laundering Act (PMLA), Raghav Magunta Srinivasula Reddy was arrested on Friday night, officials told PTI.

He is anticipated to appear before a regional court, when the federal investigation agency will ask for his custody.

Arvind Kejriwal, the chief minister of Delhi, met with Magunta Srinivasula Reddy in relation to the liquor trade in the nation’s capital, according to the ED.

Magunta Raghava was detained a few days after Butchibabu Gorantla, a chartered accountant with a Telangana address and a former auditor of KCR’s daughter K Kavitha, was detained by the Central Bureau of Investigation (CBI) in connection with the Delhi liquor case. According to the agency, Gorantla was evasive and unwilling to cooperate with investigators.

K Kavitha had already been questioned about the matter by a CBI team in Hyderabad on December 12 for more than seven hours. In the liquor policy case, the agency claimed that K. Kavitha was a beneficiary of kickbacks as a member of the “South Cartel.”

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In the case involving the Delhi excise policy, the Rouse Avenue Court on Wednesday remanded the auditor of Telangana CM’s daughter K Kavitha and businessman Gautam Malhotra, son of former Shiromani Akali Dal MLA Deep Malhotra, to the ED and the CBI, respectively.

In this instance, the ED has so far filed two charge sheets or complaints against the prosecution and made nine arrests. The CBI FIR is the foundation of the ED’s money laundering case.

In the CBI and ED allegations, Manish Sisodia, the deputy chief minister of Delhi, and other government excise officers were listed as defendants.

In August of last year, the Delhi excise policy for 2021–22 was cancelled, and the lieutenant governor of Delhi subsequently requested that the CBI look into the suspected irregularities. Sisodia is the primary accused in two distinct charges that were filed by both agencies.

After L-G Vinai Kumar Saxena suggested a CBI investigation into the suspected flaws in the implementation of Delhi’s Excise Policy 2021–2022, the liquor plan came under scrutiny.

Following a CBI investigation into its execution, the Arvind Kejriwal administration repealed the Delhi Excise Policy on July 17 of this year. The ED is looking into the alleged scam’s financial trail.

An audit company in Chennai’s T Nagar that the ED searched earlier in September is thought to be connected to YSRCP MP Srinivasalu Reddy in relation to the scandal.