The Rouse Avenue Court on Thursday rejected the bail petitions of five accused who were arrested in the money laundering probe emerging out of the Delhi government s now scrapped Excise Policy.
The Delhi Excise Policy, 2021–22 was created by the top AAP leaders to continuously generate and channel illegal funds for themselves, according to the
Get latest articles and stories on India at LatestLY. The policy promoted cartel formations through back door awarding an exorbitant wholesale profit margin of 12 per cent and a huge retail profit margin of 185 per cent and incentivized other illegal activities on account of criminal conspiracy by the top leaders of AAP to extract kickbacks from the businesses, stated the ED. India News | Delhi Excise Policy Was Created by Top AAP Leaders to Continuously Generate Illegal Funds: ED.