The Enforcement Directorate (ED) has provisionally attached assets worth Rs. 76.54 crore in the PMLA case of the Delhi Liquor Scam.
Various assets were allegedly purchased using proceeds of crime diverted, as discovered during an ED investigation through seized records and the disclosures of various individuals, as detailed below:
i) residential properties owned by Sameer Mahendru and Smt. Geetika Mahendru worth Rs. 35 crore in Jor Bagh, New Delhi;
ii) a residential premise owned by Amit Arora, worth Rs. 7.68 crore, in Magnolias, Gurugram;
iii) a residential premise owned by Vijay Nair, worth Rs. 1.77 crore, in Crescent Bay, Parel, Mumbai;
iv) assets of Rs. 3.18 crore of restaurants owned by Dinesh Arora, namely “Chica,” “La Roca,” and “Unplugged Courtyard”;
v) a land parcel owned by Arun Pillai worth Rs. 2.25 crore in Vattinagulapalle, Hyderabad;
vi) 50 vehicles owned by Indospirit Group worth Rs. 10.23 crore; and
vii) bank balance, fixed deposits, financial instruments, etc. worth Rs. 14.39 crore.
The Economic and Financial Investigation Department (ED) conducted an investigation that led to the discovery of acts of corruption and conspiracy in the formulation and implementation of the Delhi Excise Policy 2021–22, which resulted in a loss of at least Rs. 2873 crore to the exchequer of the state government. Proceeds of crime (POC) amounting to a total of Rs. 76.54 crore have been located and seized so far as a result of investigations into activities connected to the scheduled offence under Section 7 of the Prevention of Corruption (PC) Act, 2018 and Section 120B of the Indian Penal Code.
The Enforcement Division (ED) has, as of the present time, carried out searches in a number of cities across the country, including Delhi, Hyderabad, Chennai, Mumbai, and other cities. Following an investigation of confiscated documents as well as the disclosures made by a number of different people, the POC theft described above was uncovered. Vijay Nair, Sameer Mahendru, Amit Arora, Sarath Reddy, Benoy Babu, and Abhishek Boinpally are the six suspects who have been taken into custody following the investigation. Everyone is currently being held in custody by the court. The ED has lodged two complaints with the prosecution, and the Honorable Special Court of the PMLA has also taken notice of the offence. Both of these actions indicate that the ED is actively investigating this matter.
The ED is currently conducting more investigation into the matter at hand.