5 Apr 2023

Delhi Excise Policy Case: ED says Fresh Evidence Of Manish Sisodia's Complicity In Case Found

New Delhi: A Delhi special court on Wednesday extended the judicial custody of Manish Sisodia till April 17 in a money laundering case linked to the Delhi excise policy.

The hearing of arguments in the bail application in money laundering case now fixed for April 12.
Special Judge MK Nagpal on the request of Enforcement Directorate extended judicial custody of Sisodia till April 17 and adjourned the bail application for hearing on April 12.

The agency told the court that it is at a crucial stage in terms of investigation and has found fresh evidence of Sisodia's complicity in the case. The agency made the submissions while seeking time to argue on the bail application of Sisodia.

ED has alleged in this case that Sisodia is not cooperating in the investigation by not giving answer why he changed so many phones. The Investigating Agency has alleged that there is a conspiracy in the framing of the Delhi Excise Policy to provide illegal benefits to certain people. It is alleged that framing of a new liquor policy for Delhi has resulted extraordinary profits for wholesalers.

Counsel for Sisodia submitted through his bail application that not a single penny has been traced from Sisodia or his family account. He submitted that Sisodia is always cooperative with the investigating agency and nothing incriminating material against him was found during the searches. 

He reiterated that no offense under section 3 of Prevention of Money Laundering Act has been made out against Sisodia. He requested to court that no fruitful purpose would be served by keeping him behind the bar, so kindly grant him bail.

Central Bureau of Investigation (CBI) has arrested Sisodia on February, 26 after questioning on various aspects of the Excise Policy for 2021-22. After that Enforcement Directorate got his custody under the provisions of Prevention of Money Laundering Act. According to Investigating Agency the Excise Policy suffered from irregularities in its formulation and implementation.

No comments:

Post a Comment