Delhi liquor policy scam: ED arrests YSR Congress MP's son
According to officials, Raghav Magunta was taken into custody on Friday evening
In the ongoing Delhi Excise policy case probe, Enforcement Directorate (ED) has arrested Raghav Magunta, son of YSR Congress party MP from Ongole Magunta Srinivasulu Reddy on Saturday.
According to officials, Raghav Magunta was taken into custody on Friday evening under the Prevention of Money Laundering Act (PMLA).
He will be produced before a local court, where the ED will seek his custody.
This is the ninth arrest by the ED, in connection with this case. Raghav's arrest is the third this week.
The CBI on Wednesday had arrested Hyderabad-based chartered accountant, Butchibabu Gorantla, for his alleged role in forming and implementing of the Delhi Excise Policy.
Butchi Babu was the former chartered accountant of KCR's daughter K. Kavitha.
Butchi was reportedly accused of acting on 'South Group' cartel led by Telangana CM's daughter Kalvakunta Kavitha and YSRC MP Magunta Reddy and P. Sarat Chandra Reddy of Aurobindo pharma.
ED, investigating the case under the Prevention of Money Laundering Act, recorded the statement of Butchi Babu in October 2022.
Earlier this week, ED had 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.
The agency 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.
Last year, ED had conducted search operations in the premises linked to the Member of Parliament.
The ED, till now, has filed two charge sheets or prosecution complaints in this case.
The money laundering case stems from a CBI FIR.
Among others, Delhi Deputy Chief Minister Manish Sisodia and other excise officials of the government were named as accused in the CBI and the ED complaints as well.
