Delhi liquor policy: CBI arrested former chartered accountant of Telangana CM KCR’s daughter in Delhi liquor policy case. Giving information about this, the CBI said that Hyderabad’s Chartered Accountant Buchibabu Gorantla was arrested by the CBI in Delhi’s Excise Policy case, he will be produced in the court today.
KCR’s daughter’s former CA arrested by CBI
The central agency informed that the CBI has arrested Hyderabad-based Chartered Accountant Buchibabu Gorantla for his alleged role in the formulation and implementation of the Delhi Excise Policy and for causing undue favors to Hyderabad-based wholesale and retail licensees and their beneficial owners. The CBI said Buchibabu, former auditor of K Kavitha, represents the South Group in the case. In the investigation, the agency said that he was arrested on Tuesday (February 7) evening due to non-cooperation.
CBI had interrogated Kavita
The CBI alleged that Babu’s role in the formulation and implementation of the now-cancelled Delhi Excise Policy caused wrongful gain to Hyderabad-based wholesale and retail licensees and their beneficial owners. Earlier, Kavita was questioned by a CBI team on 12 December 2022 in Hyderabad for more than seven hours in connection with the case.
Lobby was made in the name of South Group
The Enforcement Directorate had alleged that K Kavita was part of the South Cartel, which had benefited from kickbacks in the liquor policy case. The ED and CBI have claimed that irregularities were committed while revising Delhi’s excise policy with the connivance and bribery of a lobby known as ‘South Group’.
The agency alleged that the group included Kavitha of Telangana’s ruling Bharat Rashtra Samithi, Andhra Pradesh’s ruling YSR Congress MP Magunta Srinivasalu Reddy and Aurobindo Pharma’s Sarath Reddy. The agencies have claimed that under this the license fee was waived or reduced and undue advantage was given to the liquor license holders.