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Home » AAP’s Vijay Nair got Rs 100-crore kickbacks: ED to court

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AAP’s Vijay Nair got Rs 100-crore kickbacks: ED to court

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Last updated: December 1, 2022 9:53 am
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AAP’s Vijay Nair got Rs 100-crore kickbacks: ED to court
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AAP communication in-charge Vijay Nair ” got Rs. 100 Cr as kickbacks on behalf of AAP leaders” as part of an investigation into alleged money laundering in a case involving the Delhi government’s liquor policy. This was revealed by the Enforcement Directorate to a special court in Delhi on Wednesday.

The money originated from a group called South group, according to the ED, which is run by Sarath Reddy, K Kavitha, and Magunta Srinivasulu Reddy. K Kavitha’s identity was not given.

A member of the Legislative Council and the daughter of Telangana Chief Minister K Chandrashekar Rao, K Kavitha, was implicated in supporting the Delhi liquor policy, according to BJP leaders Parvesh Varma and Manjinder Singh Sirsa in August. Kavitha refuted the charge and said she would file a slander action. Kavitha was unavailable for comment after the ED named the South group and those in command of it in documents presented before the special court on Wednesday.

According to its investigation, the Delhi Excise Policy (2021-2022) was a “device” created by AAP leaders, including certain members of the Delhi administration, to raise unauthorised monies at the cost of the state exchequer.

Based on a CBI FIR submitted in August, the ED case was registered in September according to a report by Indian express.

ED Reveals more information about Vijay Nair and his involvement in Delhi Liquor Case

Nair’s trial court attorney, Samudra Sarangi, refuses to respond to the ED’s allegations.

In a remand application following the arrest of Amit Arora, Director of Buddy Retail Pvt Ltd, Gurgaon, the ED told the court that the Delhi excise policy was formulated with “deliberate loopholes”, “inbuilt mechanism to facilitate illegal activities”.

“This policy… in reality… promoted cartel formations through the back door, awarded exorbitant wholesale (12%) and huge retail (185%) profit margins and incentivized other illegal activities,” the ED said.

The Investigation Officer, Assistant Director Jogender, said the 12% profit margin to wholesalers was devised to extract half of it as a kickback to AAP leaders.

“As per the probe carried so far, Vijay Nair, on the behalf of AAP leaders, has at least received kickbacks to the tune of Rs 100 crore from a group, called South group, controlled by Sarath Reddy, K Kavitha, Magunta Srinivasulu Reddy, by various persons, including Amit Arora. The same has been disclosed by the arrested Arora in his statement,” the IO informed the court.

TAGGED:AAP LeaderDelhi Liquor PolicyVijay Nair
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