Tag : Ongole

New Delhi [India]: The Rouse Avenue Court on Saturday sent Magunta Raghava Reddy to 10 days remand of the Enforcement Directorate (ED) in connection with the Delhi excise policy scam case. Magunta Raghava Reddy is the son of Yuvajana Sramika Rythu Congress Party's (YSRCP) MP from Ongole, Magunta Srinivasulu Reddy, and he was arrested by ED earlier in the day. According to the ED, Raghav through his proxy person Prem Rahul Manduri also held 32.5 per cent stakes in M/s Indo Spirits, which held L1 wholesale license. Raghav being part of the South group was part and beneficiary of the conspiracy in which the South Group paid Rs 100 Cr approx. to the Aam Aadmi Party. ED stated that Raghav Magunta is a key person in the conspiracy of cartelisation and kickbacks hatched along with various persons in the Delhi Excise policy 2021-22 scam. Raghav Magunta is the owner of liquor manufacturing units in the name of M/s Enrica Enterprises Pvt Ltd located in Chennai. He further controlled 2 retail zones in the name of M/s Magunta Agro Farms Pvt. Ltd. directly in contravention of the Excise Policy 2021-22 where a manufacturer was not permitted to hold either retail or wholesale operations. Raghav through his proxy person Prem Rahul Manduri also held 32.5 per cent stakes in M/s Indo Spirits, which held L1 wholesale license. Raghav being part of the South group was part and beneficiary of the conspiracy in which the South Group paid Rs 100 Cr approx. to the AAP, said ED. Earlier Central Bureau of Investigation (CBI) also questioned Raghava Reddy and asked whether the liquor cartel paid bribes to the Aam Aadmi Party (AAP) government functionaries in Delhi through a middleman. It was alleged that the Magunta family was running one of the ...