Excise Case: Delhi Court denies bail to Manish Sisodia in ED case

The Rouse Avenue Court on Friday denied bail to Delhis former Deputy Chief Minister Manish Sisodia in a money laundering case in connection with an alleged Excise scam in the national capitalSpecial Judge MK Nagpal on Friday dismissed Sisodias bail plea in the money laundering case being investigated by the Enforcement Directorate EDEarlier appearing for Sisodia Senior Advocate Dayan Krishnan submitted that it is not the job of the ED to tell what happened in the GoM and the cabinet the job of the ED should be to tell that if any crime was committed who benefited from it The lawyer said that Sisodia cannot be kept in custody only on the basis of speculation He claimed that no money laundering case is made out against the Aam Aadmi Party leaderEnforcement Directorate had opposed the bail plea and said an illegal ecosystem was created in view to give illegal benefits to liquor cartels to get kickbacksAlso Read Delhi excise case Court extends Manish Sisodias judicial custody till May 12Appearing for ED Zohaib Hossain submitted before the Court that all the elements of conspiracy are present here in the matter Conspiracy is hatched in secrecy the policy made in the public domain submitted ED lawyer and also said every process of activity dealing with proceeds of crime is money launderingEDs lawyer further alleged that Sisodia played a key role in modifying and implementing the modified excise policy We have proof that the policy was modified without any deliberation and discussion And we also have sufficient statements from various concerned persons to show that the profit margin increased from 6 per cent to 12 pc was meant as kickbacks the EDs lawyer saidIn the matter the expert committee suggested that individuals will apply and they will get two retail vends This was to avoid cartelisation This was supposed to happen through the lottery system but Manish Sisodia preferred the limited entity model the lawyer claimedED further said that if the policy was genuine why did Manish Sisodia plant emails in favour of the policy Emails were planted through Minority Commission Chairman Sisodia got emails planted on the mail address of the excise dept which was the same address where the public comments were sought obverse the policy Fabricated emails to show public approval for a policy This is a sham approval ED allegedOn the wifes health ED submitted that other people and family were taking care of Sisodias wife for a long While he was holding 18 portfolios and was holding public meetings there were other people attending to his wife The humanitarian ground cant be used here says ED counselEarlier appearing for Manish Sisodia Advocate Vivek Jain argued that no PMLA case has been made against him Section 45 of PMLA would come against him only if an offence under Section 3 is made outEDs reply opposing Sisodias bail doesnt even show he has concealed any proceeds of crime or acquired any proceeds of crime or he projected proceeds of crime Not a single rupee has come into his account or his familys account They have raided his home and they have checked his bank accounts They even have gone to his native place Jain arguedManish Sisodia was physically produced before the Court on Tuesday during the arguements of his bail pleaThe Rouse Avenue Court was hearing a bail plea of Delhis former Deputy Chief Minister Manish Sisodia in a money laundering case pertaining to alleged irregularities in the framing and implementation of the excise policy of National Capital Territory of Delhi GNCTDThe Enforcement Directorate ED on March 9 arrested former Delhi deputy chief minister Manish Sisodia in the liquor policy case after hours of questioning at Tihar JailSisodia was arrested by the CBI earlier in its ongoing investigation of a case related to alleged irregularities in the framing and implementation of the excise policy of the GNCTDThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever