Lagatar24 Desk
New Delhi, Nov 10: Businessmen Sarath Chandra Reddy and Binoy Babu of the liquor company Pernod Ricard were detained by the Enforcement Directorate on Thursday in connection with the Delhi excise policy scam. The managing director of Aurbindo Pharma is Reddy.
According to sources, Sarath Reddy was arrested as a result of the evidence against him. He claims to be closely associated with a few Aam Aadmi Party politicians in Delhi.
Sarath Reddy is a second-generation entrepreneur, business administration graduate, and member of the promoter group, according to the company’s official website. In addition to his connection to Aurobindo Pharma, Sarath Reddy has ties to more than a dozen other companies.
Binoy Babu was allegedly connected to the other defendants in the Delhi excise policy, according to sources. He apparently refused to cooperate with the inquiry, so the authorities arrested him.
In this case, the defendants will be presented before a Delhi court for custody.
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This development occurs just days after Dinesh Arora, the leader of the Aam Aadmi Party (AAP) and Manish Sisodia’s adviser, consented to act as a government approver in the liquor policy case.
The investigation agency ED has so far carried out numerous raids and detained three suspects in the case. It detained Sameer Mahandru, the managing director of the liquor-making business Indospirit, in September.
The money laundering case began with a CBI FIR in which Manish Sisodia was among the suspects. After filing the case, the CBI conducted a raid on Sisodia’s and some other Delhi government officials’ offices.
