Delhi excise case: ED alleges over Rs 1,100 crore laundered

In a supplementary charge sheet filed by the Enforcement Directorate alleged that more than Rs 1100 crore was laundered in the alleged Delhi excise scam reported PTI The supplementary charge sheet was filed against BRS leader K Kavitha before a Delhi courtAccording to the ED out of Rs 1100 crore Kavitha was involved in proceeds of crime PoC worth Rs 2928 croreThe allegations were made in a supplementary prosecution complaint EDs equivalent to a charge sheet filed before Special Judge Kaveri Beweja reported PTI Beweja on Monday extended Kavithas judicial custody till July 3The judge extended the custody after Kavitha was produced before the court following the earlier order issuing a production warrant against her said the PTI reportThe court had issued the warrants after taking cognisance of a charge sheet against the BRS leader in the case on May 29The court also granted bail to three coaccused persons Prince Damodar and Arvind Singh The three accused were charge sheeted without being arrested during investigation by the EDAs per the investigation so far the total proceeds of crime identified is Rs 1100 crore out of which PoC of Rs 2928 crore is being dealt with in this Prosecution Complaint Through activities of the accused persons ie Kavitha Champreet Singh Prince Kumar Damodar Sharma and Arvind Singh huge proceeds of crime have been generated the charge sheet allegedThe charge sheet claimed that Kavitha was involved in PoC money generated and laundered in crime of Rs 2928 crore out of which kickbacks of Rs 100 crore were given to AAP leadersiquestKavitha conspired with the members of the South Group and the AAP leaders through accused Vijay Nair who was acting on behalf of the top leaders of the AAP to pay kickbacks to the tune of Rs 100 crore and receive undue benefitsiquest the documents claimedKavitha by paying kickback to the government functionaries through their middleman has participated in the generation of PoC of Rs 100 crore the charge sheet claimed adding that she then participated in the transfer of this PoC to the government functionariesThe ED further claimed that Kavitha by way of conspiracy and formation of IndoSpirits a company accused in the case has participated in the generation acquisition and use of the PoC of Rs 1928 crore which was derived as a result of the conspiracy of kickbacks and payment of kickbacksBy showing IndoSpirits as a genuine business entity and acquiring the PoC of Rs 1928 crore she is involved in projecting this PoC as genuine profit from a legitimate business the ED allegedBy way of participating in the conspiracy of formation of IndoSpirits to recoup advance bribes of Rs 100 crore paid Kavitha is knowingly involved in the generation and transfer of PoC of Rs 100 crore and the generation acquisition and possession of PoC Rs 1928 crore in the guise of profits generated by IndoSpirits during November 2021 to August 2022 the ED allegedKavitha also received the PoC of Rs 55 crore from IndoSpirits in the name of her associate and coaccused in the case Abhishek Boinpally the federal agency saidThe report further accused Kavitha of destroying the digital evidence to conceal her role and involvement in the caseKavitha has deleted evidence and contents of her mobile phone She presented nine phones for examination which were formatted and had no data She was evasive and couldnt give any explanation for those formatted phones the ED allegedIt further alleged that Kavitha was also involved in acts of influencing the witnessesThe 46yearold BRS leader is in judicial custody in the two cases lodged by the ED and the CBI in the alleged scamThe scam pertains to alleged corruption and money laundering in the formulation and implementation of the Delhi governments excise policy for 202122 which was later scrapped