You are here: Home » Current Affairs ยป News
Rahul Gandhi's Bharat Jodo Yatra resumes amid rains in J-K's Ramban
icon-arrow-left
Business Standard

Excise policy 'scam': ED attaches Rs 76.54 cr worth assets under PMLA

An order for the provisional attachment of the assets has been issued under the Prevention of Money Laundering Act (PMLA)

Topics
Excise Duty | money laundering case | Enforcement Directorate

Press Trust of India  |  New Delhi 



Excise policy 'scam': ED attaches Rs 76.54 cr worth assets under PMLA
Excise policy 'scam': ED attaches Rs 76.54 cr worth assets under PMLA

The (ED) on Wednesday said it has attached houses located in upscale localities of Delhi and Mumbai, restaurants, 50 vehicles and bank deposits worth Rs 76.54 crore in a probe linked to the Delhi excise policy 'scam'.

The properties belong to arrested Aam Aadmi Party (AAP) communications in-charge Vijay Nair, liquor businessman Sameer Mahandru, his wife and company Indospirit Group, businessman Dinesh Arora, Arun Pillai, Amit Arora, director of liquor company Buddy Retail Pvt Limited, and others, the agency said in a statement.

An order for the provisional attachment of the assets has been issued under the Prevention of Money Laundering Act (PMLA).

The money laundering stems from a CBI FIR. Delhi Deputy CM Manish Sisodia and other excise officials of the government were named as accused in the CBI and the ED complaints.

In its FIR, the CBI has alleged that Sisodia and other accused public servants recommended and took decisions pertaining to the Delhi Excise Policy 2021-22 without the approval of competent authority with "an intention to extend undue favours to the licensees post tender."

The ED, till now, has filed two charge sheets or prosecution complaints in this case and has arrested a total of six people.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Wed, January 25 2023. 12:04 IST

RECOMMENDED FOR YOU