Delhi Excise Policy Case: Rouse Avenue Court Grants 10-Day Custody Of Raghav Magunta To ED

Raghav Magunta was granted 10-day custody by the Delhi court. Magunta was detained in connection with the ED's money laundering probe into alleged irregularities in the Delhi excise policy case.

Raghav Magunta arrested by ED

Source : PTI

A Delhi court on Saturday granted the Enforcement Directorate custody of Raghav Magunta, the son of Ongole Magunta Srinivasulu Reddy, a member of the YSR Congress Party, for ten days, news agency ANI reported. 

Delhi | Rouse Avenue court grants 10-day custody of Raghav Magunta to ED in liquor policy scam case.

— ANI (@ANI) February 11, 2023

Raghav Magunta was detained by the Enforcement Directorate as part of a money laundering investigation into alleged irregularities in the Delhi Excise Policy Case, PTI reported citing officials. 

Raghav Magunta was arrested on Friday evening under the Prevention of Money Laundering Act (PMLA), the news agency PTI reported.

He is due to appear in a local court, where the federal investigation agency will request his arrest, the report said. 

This is the ED's ninth arrest in this case, and the third this week.

Earlier this week, it detained Gautam Malhotra, the son of former SAD MLA from Punjab Deep Malhotra, and Rajesh Joshi, the director of an advertising firm called Chariot Productions Media Pvt Ltd.

According to the report, the agency said that the father and son combination was part of the 'South Group,' a cartel of booze dealers, wholesalers, and producers formed as part of the now-defunct Delhi excise regime.

Last year, it searched properties associated with the Member of Parliament.

In this matter, the ED has so far filed two charge sheets or prosecution complaints.

The money laundering case is the result of a CBI FIR.

In the CBI and ED allegations, Delhi Deputy Chief Minister Manish Sisodia and several government excise officers were listed as defendants.

(With Inputs From Agencies)