The Enforcement Directorate has arrested Raghav Magunta, son of YSR Congress Social gathering MP from Ongole Magunta Srinivasulu Reddy, in reference to its cash laundering investigation into alleged irregularities within the Delhi excise coverage case, officers stated Saturday.
Raghav Magunta was taken into custody beneath the Prevention of Cash Laundering Act (PMLA) on Friday night, they stated.
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He’s anticipated to be produced earlier than a neighborhood court docket, the place the federal probe company will search his custody.
That is the ninth arrest on this case by the ED, and the third this week.
It arrested Gautam Malhotra, son of former SAD MLA from Punjab Deep Malhotra, and Rajesh Joshi, the director of an promoting firm known as Chariot Productions Media Pvt Ltd, earlier within the week.
The company had alleged {that a} cartel known as ‘South Group’ of liquor retailers, wholesalers and producers was created as a part of the now-scrapped Delhi excise coverage, and the daddy and son duo had been a part of it.
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It had searched premises linked to the Member of Parliament final yr.
The ED, until now, has filed two cost sheets or prosecution complaints on this case.
The cash laundering case stems from a CBI FIR.
Delhi Deputy Chief Minister Manish Sisodia and different excise officers of the federal government had been named as accused within the CBI and the ED complaints.