Delhi excise coverage: ED arrests Punjab businessman on cash laundering prices
2 min readBy PTI
The Enforcement Directorate on Wednesday arrested Punjab-based businessman Gautam Malhotra within the cash laundering investigation linked to alleged irregularities within the Delhi excise coverage, officers mentioned.
Malhotra, linked to the Oasis group of Punjab, has been taken into custody underneath the felony sections of the Prevention of Money Laundering Act (PMLA).
He shall be produced earlier than a Delhi court docket the place the ED will search his custody.
Malhotra is linked to liquor enterprise in Punjab and another different areas, officers mentioned.
The excise coverage 2021-22 was scrapped in August final 12 months and the Delhi LG later requested the CBI to probe the alleged irregularities.
The ED’s cash laundering stems from the CBI FIR.
Delhi Deputy CM Manish Sisodia and different excise officers of the federal government had been named as accused within the CBI and the ED complaints.
The ED, until now, has filed two cost sheets or prosecution complaints on this case and has arrested a complete of seven folks, together with Malhotra.
The CBI arrested a Hyderabad-based chartered accountant (CA), understood to be the auditor of BRS MLC Okay Kavitha, in reference to the Delhi excise coverage case, officers mentioned.
The Enforcement Directorate on Wednesday arrested Punjab-based businessman Gautam Malhotra within the cash laundering investigation linked to alleged irregularities within the Delhi excise coverage, officers mentioned.
Malhotra, linked to the Oasis group of Punjab, has been taken into custody underneath the felony sections of the Prevention of Money Laundering Act (PMLA).
He shall be produced earlier than a Delhi court docket the place the ED will search his custody.
Malhotra is linked to liquor enterprise in Punjab and another different areas, officers mentioned.
The excise coverage 2021-22 was scrapped in August final 12 months and the Delhi LG later requested the CBI to probe the alleged irregularities.
The ED’s cash laundering stems from the CBI FIR.
Delhi Deputy CM Manish Sisodia and different excise officers of the federal government had been named as accused within the CBI and the ED complaints.
The ED, until now, has filed two cost sheets or prosecution complaints on this case and has arrested a complete of seven folks, together with Malhotra.
The CBI arrested a Hyderabad-based chartered accountant (CA), understood to be the auditor of BRS MLC Okay Kavitha, in reference to the Delhi excise coverage case, officers mentioned.
