Sarath Reddy turns approver, trouble for k kavitha

[Sheri]

Sarath Chandra Reddy, director and promoter of Aurobindo Pharma, was arrested by the ED in November last year.

The Delhi's Rouse Avenue Court on Thursday allowed businessman P Sarath Chandra Reddy to turn approver in the alleged excise policy scam being investigated by the Enforcement Directorate (ED). The court also granted pardon to Reddy in the case.

The move could lead to more trouble for Delhi's former deputy chief minister Manish Sisodia, who is facing money laundering charges by the ED.

The ED is investigating alleged irregularities in the implementation of the now-scrapped liquor policy of the Delhi government. The money laundering case stems from a CBI FIR.

According to the CBI and the ED, irregularities were committed while modifying the excise policy and undue favours were extended to licence holders. The Delhi government implemented the policy on November 17, 2021, but scrapped it at the end of September 2022 amid allegations of corruption.

Who is Sarath Chandra Reddy?

1. Reddy, a whole-time director and promoter of Aurobindo Pharma, was arrested by the ED in November last year.

2. Reddy was recently charge-sheeted by the probe agency in the case. He is the second person to become an approver.

3. In November last year, liquor businessman and accused in the case, Dinesh Arora turned approver.

4. Reddy through his counsel had moved a plea before the Rouse Avenue Court requesting the court to let him be an approver. The court allowed his move, and also pardoned him in the matter.

5. The ED had claimed in the supplementary charge sheet that Vijay Nair, businessman and AAP's communications in-charge, on behalf of leaders of Aam Aadmi Party received kickbacks to the tune of ₹100 crore from South Group, whose prominent persons are Magunta Srinivasulu Reddy, Raghav Magunta, Sarath Reddy and K Kavitha, the daughter of Telangana chief minister K Chandrasekhar Rao.

[kittaya]

Oka sari arrest ayithe KCR family they don't care... 

 

 

Telangana godavalu appude ... Oka orrisa r business man ni bedirincharu... Vaadu paripothe... Orrisa lo kidnap chedhamani vellaru... Anthe... 10yrs tharavatha vidudhala ayyadu.. 

[Android_Halwa]

Next in line, Raghav Magunta….veedu inni rojulu lopala vundadam anedi surprise ae…Vella ayya All India liquor lobby la prominent person…they could have managed stuff at every possible stage yet this the son is in custody for so long…

[futureofandhra]

drama 

[BeerBob123]

Respected lady name 

[AndhraAbbai]

Again drama shuru... election mundhu sympathy drama eestart 

[manadonga]

4 hours ago, Android_Halwa said:

Next in line, Raghav Magunta….veedu inni rojulu lopala vundadam anedi surprise ae…Vella ayya All India liquor lobby la prominent person…they could have managed stuff at every possible stage yet this the son is in custody for so long…

Raghuva is mp aspirant from ongole so vadu approvar avvadu for future 

sarat elagu no politics only business they dont care all these bail is enough for next 20 yrs 

[Sheri]

10 hours ago, futureofandhra said:

drama 

+1

Revanthame best emo 

[Android_Halwa]

7 hours ago, manadonga said:

Raghuva is mp aspirant from ongole so vadu approvar avvadu for future 

sarat elagu no politics only business they dont care all these bail is enough for next 20 yrs 

Accused ga vundi trail face chese danikante approver ga trail ki velladam better kada….Lesser or no charges press chestaru CBI/ED just in case future la epudaina judgement vasthe…and better chance to dilute the case and sentence.