Chennai: The Enforcement Directorate arrested YSR Congress MP Magunta Srinivas Reddy's son Raghav Magunta in connection with the Delhi Excise Policy Case on Saturday.
According to ANI, "Delhi excise policy case | Enforcement Directorate arrests YSRCP Lok Sabha MP Magunta Sreenivasulu Reddy - MSR’s son Raghav Magunta in the case."
This happens to be the third arrest made by the central probe agency in the last three days in the matter.
Manguta will be produced before Rouse Avenue court. The ED is all set to seek his two-week custodial remand.
The ED arrested Gautam Malhotra, son of former SAD MLA from Punjab Deep Malhotra, and Rajesh Joshi, the director of an advertising company called Chariot 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 created as part of the now-scrapped Delhi excise policy, and the father and son duo were part of it.
It had searched premises linked to the Member of Parliament last year.
The ED, till now, has filed two charge sheets or prosecution complaints in this case.
The money laundering case stems from a CBI FIR.
Delhi Deputy Chief Minister Manish Sisodia and other excise officials of the government were named as accused in the CBI and the ED complaints.
Manguta will be produced before Rouse Avenue court. The ED is all set to seek his two-week custodial remand.
The ED arrested Gautam Malhotra, son of former SAD MLA from Punjab Deep Malhotra, and Rajesh Joshi, the director of an advertising company called Chariot 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 created as part of the now-scrapped Delhi excise policy, and the father and son duo were part of it.
It had searched premises linked to the Member of Parliament last year.
The ED, till now, has filed two charge sheets or prosecution complaints in this case.
The money laundering case stems from a CBI FIR.
Delhi Deputy Chief Minister Manish Sisodia and other excise officials of the government were named as accused in the CBI and the ED complaints.
On December 12, KCR's daughter Kavitha was questioned by CBI team in Hyderabad for nearly 7 hours.
In August last year, the Delhi excise policy was scrapped. However, Delhi LT Governor told the CBI to probe into the irregularities in the case. The CBI booked a case and named Sisodia as the accused number one.
(With agency inputs)