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Reddy, a director in Aurobindo Pharma, had last month moved a special court here seeking to turn approver and said he was “ready to make true disclosure voluntarily” about organising and handling alleged kickbacks in the scam that scalped Sisodia.
The special court of judge M K Nagpal, through an order of May 29, allowed him to turn approver in the politically sensitive case in which the enforcement agency has arrested 12 people, including senior AAP functionary Vijay Nair.
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Excise policy scam: Sarath Reddy turns approver
Currently out on bail, Reddy was allegedly a partner with Telangana CM K Chandrashekar Rao’s daughter K Kavitha in South Group, the close-knit coterie which Sisodia, the ED claims, entrusted with handling the liquor trade in the Capital.
Reddy’s statements and any evidence of the scam and the involvement of other accused can create complications for Sisodia as well as Kavitha, who, the ED claims, is the proxy investor in Indo Spirits through frontman Arun Pillai. It can also help the agency map the money trail in the payment of 100 crore advance that was allegedly paid as bribes to AAP leaders and excise officials of Delhi government.
According to the ED’s recent chargesheet, Reddy, a participant of South Group’s meetings at Kavitha’s Hyderabad house, was the main funnel for kickbacks to AAP functionaries.
“Sarath Reddy and others led by the South Group cartel gave kickbacks to the tune of ₹100 crore through Vijay Nair (former communication head of AAP). These advance bribes were later recouped through the web of multiple retail zones, and Indo Spirits as the wholesaler was recovering the payments made in advance,” the ED claimed.
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