Excise policy case: ED seizes ₹1 crore cash after raids at 35 locations

The Executive Director (ED) was aware of 1 crore cash after raids were conducted at around 35 locations related to a money laundering investigation into alleged violations of the Delhi excise tax policy which has now been dropped, the airline said. believe PTI reported citing official sources.

Searches were launched on Fridays at around 35 locations in Delhi-NCR, Punjab and Hyderabad.

About one crore coin was seized from one location during raids targeting liquor dealers, distribution companies and related organisations, sources said. PTI.

Several digital devices and documents were also seized, they said, without disclosing the locations of all the recalls.

The premises are related to the director of a Delhi-based television news organization who is also a member of the board of directors of the daily Telugu daily, a businessman living in the city whose company imports and distributes distribution of various alcoholic beverages and a former Punjab MLA were also searched by ED officials, they said.

The federal agency has conducted more than 103 raids in this case so far and last month arrested Sameer Mahandru, a liquor entrepreneur and chief executive officer of the wine-making company Indospirit.

The money laundering case stemmed from an FIR CBI that named Delhi Deputy Finance Minister Manish Sisodia as the accused among others.

The plan came to the scanner after Lieutenant Governor of Delhi VK Saxena recommended a CBI investigation into alleged irregularities in the implementation of Delhi’s Special Policy for 2021-22.

He also suspended 11 officials who excelled in the matter.

The ED questioned AAP MLA Durgesh Pathak and minister Satyendar Jain, who are being held in Tihar Prison, while the CBI questioned several arrested people and businessman, Vijay Nair.

The CBI investigation is recommended based on findings in the Delhi chief secretary’s report filed in July that revealed preliminary violations of the Government of the National Capital Territory of Delhi (GNCTD) Act 1991. , Transactional Business Rules (ToBR) -1993, Delhi Commodities Act- Officials said 2009 and Excise Rules Delhi-2010.

As the ED launches new searches related to the alleged Delhi excise scam, Minister Arvind Kejriwal said hundreds of raids by central authorities for evidence against Mr. Manish Sisodia’s deputy was fruitless because he did nothing.

“The time of hundreds of people from the Central Bureau of Investigation and Enforcement (CBI) is being wasted on ‘dirty politics’,” he said.

Manish Sisodia has been charged in a CBI-registered FIR in connection with alleged violations in the formulation and implementation of the Delhi Privilege Policy 2021-22.

“More than 500 raids, more than 300 officials worked for three months to find evidence against Manish Sisodia. Nothing was found because he didn’t do anything,” Kejriwal said in a tweet. Hindi.

“So many officers’ time is being wasted on one man’s dirty politics. How is the country going to progress like this,” he asked.

(With input from agencies)

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