YSR Congress Magunta Sreenivasulu Reddy: The Enforcement Directorate (ED) on Saturday arrested Raghav Magunta, son of YSR Congress MP Magunta Srinivasa Reddy, in connection with the Delhi Excise scam. Manguta was ordered to be sent to ED custody for 10 days in Rouse Avenue Court.
In fact, the ED had sought custody from the court for 10 days to interrogate Magunta. During the hearing in this case, the Enforcement Directorate said in the court that Raghav Magunta was running Agro Farm Private Limited and Magunta Agro Farm has informed that Raghav Magunta used to take all the decisions.
100 crore bribe reached political party
Along with this, the ED told the court that a bribe of Rs 100 crore reached a political party through many people. Magunta was involved in both wholesale and retail business, which was against the excise policy. The ED further said that Magunta was a manufacturer and was also in possession of two retail zones.
Special CBI Judge Naresh Kumar sent in custody
Please tell that Duty Magistrate Special CBI Judge Naresh Kumar Laka has sent Raghav Magunta to ED custody. Magunta’s lawyer said, “We have not yet been informed about the grounds of detention.” He asked that we should be told on what basis the arrest was made. The ED told the court that Raghav Magunta was informed about the grounds of detention and he has also signed it.
Earlier, the ED had arrested Punjab-based businessman Gautam Malhotra and AAP communications in-charge Vijay Nair’s aide Rajesh Joshi. It was alleged that Joshi had taken money from Nair for the Goa elections. The money generated through the excise policy scam was the proceeds of crime. Magunta has been arrested after questioning.
