The Enforcement Directorate (ED) has made startling allegations in its supplementary charge sheet filed against BRS leader K Kavitha, claiming that more than ₹1,100 crore was laundered in connection with the alleged Delhi excise scam. According to the ED, Kavitha was involved in proceeds of crime worth ₹292.8 crore.
The ED’s prosecution complaint, equivalent to a charge sheet, was submitted before Special Judge Kaveri Beweja in New Delhi. The judge extended Kavitha’s judicial custody till July 3 after she was produced before the court in response to a production warrant.
The case gained momentum after the court took cognisance of a charge sheet against Kavitha on May 29, leading to the issuance of warrants against her and subsequent proceedings. While Kavitha remains in custody, the court granted bail to three co-accused individuals – Prince, Damodar, and Arvind Singh – who were charge-sheeted without prior arrest during the ED’s investigation.
The charge sheet alleges that through the activities of Kavitha and others, huge proceeds of crime amounting to ₹1,100 crore were generated. It specifically points to Kavitha’s involvement in proceeds of crime worth ₹292.8 crore, including kickbacks of ₹100 crore allegedly paid to A leaders.
The ED’s investigation outlines a complex web of conspiracy, kickbacks, and money laundering involving multiple individuals and entities. Kavitha is accused of participating in the generation, acquisition, and use of the proceeds of crime through various means, including forming IndoSpirits, a company implicated in the case.
Additionally, the charge sheet alleges that Kavitha received proceeds of crime amounting to ₹5.5 crore from IndoSpirits in the name of her associate, Abhishek Boinpally. The ED also accuses Kavitha of destroying digital evidence to conceal her role and influence witnesses in the case.
This development sheds light on the ongoing investigations into the alleged corruption and money laundering linked to the formulation and implementation of Delhi’s excise policy for 2021-22, which was subsequently revoked. Kavitha’s arrest in March and subsequent legal proceedings highlight the complexities and ramifications of white-collar crimes in India’s regulatory landscape.
Sources By Agencies
