The Supreme Court on Friday modified a Delhi High Court order granting a 15-day interim bail to Raghav Magunta, the son of YSR Congress Party MP Magunta Srinivasulu Reddy, in the Delhi excise policy scam case and asked him to surrender on June 12.
ED had alleged that the ‘South Group’ controlled by BRS leader Kavitha, Aurobindo Pharma’s Sarath Chandra Reddy and others gave kickbacks of Rs 100 crore to AAP leaders to gain control over the liquor business in Delhi.
AAP officials claimed that Jain has lost 35 kg due to muscular atrophy. Jain has been lodged in Tihar jail after being arrested by Enforcement Directorate in a money laundering case last year.
Let us analyse what this so-called "scam" really is. So, there are two key arguments in this case. The first states that in the process of forming the new excise policy, Rs 100 crore were taken as kickbacks from several liquor traders, said Education Minister Atishi.