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Delhi Liquor Policy Case: ED arrests Hyderabad-Based Aurobindo Pharma head Sarath Reddy

New Delhi: The Enforcement Directorate (ED) on Thursday arrested Aurobindo Pharma Director P. Sarath Chandra Reddy in connection with alleged corruption in the formulation and implementation of the excise policy for the national capital. Sarath Reddy, Director of Aurobindo Pharma, is the second person to be arrested by the agency in the Delhi liquor policy case.

By Priyanka Verma 
Updated Date

New Delhi: The Enforcement Directorate (ED) on Thursday arrested Aurobindo Pharma Director P. Sarath Chandra Reddy in connection with alleged corruption in the formulation and implementation of the excise policy for the national capital. Sarath Reddy, Director of Aurobindo Pharma, is the second person to be arrested by the agency in the Delhi liquor policy case.

Also Read :- Enforcement Directorate files 3,000 pages charge sheet in Delhi liquor excise policy case

According to officials, another businessman Vinoy Babu were also arrested for money laundering. Reddy is the Director of Aurobindo Pharma, while Babu holds key responsibilities in Pernod Ricard, a liquor company, officials added.

The probe agency had previously searched his premises and had questioned him twice. For the unversed, Reddy is a graduate of Business Administration. He has gained experience in general management and expertise in project executions. The Enforcement Directorate has conducted multiple raids in this case so far.

In September, it arrested Sameer Mahandru, managing director of a liquor manufacturing company named Indospirit. In this case, even Delhi Deputy Chief Minister (CM) Manish Sisodia’s name popped up on many occasions. Before ED arrested Mahandru, it even questioned Sisodia’s personal assistant (PA) on alleged irregularities in the implementation of the Delhi liquor policy.

The excise scheme came under the scanner after the Delhi LG recommended a CBI probe into the alleged irregularities in the implementation of Delhi’s Excise Policy 2021-22. The LG had also suspended 11 excise officials. In August, the CBI had also registered a case in the Excise Policy scam and issued ‘Look Out Circulars’ (LoC) against eight persons made accused in the case. The accused include Sisodia, the then Excise Commissioner Arva Gopi Krishna, Deputy Commissioner Anand Tiwari and Assistant Commissioner Pankaj Bhatnagar.

Also Read :- Delhi liquor policy case: Manish Sisodia's aide Vijay Nair and businessman Abhishek Boinpally arrested by ED

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