Rajesh Joshi and Gautam Malhotra, who were arrested in connection with the alleged Delhi excise policy scam and the subsequent money laundering case registered by the Enforcement Directorate (ED), have been granted bail by a Delhi court. This marks the first regular bail granted in the case. The ED had accused Joshi of transferring advance kickbacks of around ₹30 crores received from the 'South lobby' to AAP communications in-charge Vijay Nair, while Malhotra was alleged to have formed a cartel and paid nearly ₹2.5 crores as a bribe. However, the court found no incriminating evidence to justify their continued detention and denial of bail under the Prevention of Money Laundering Act (PMLA). The court also noted that there were no reasonable chances of the accused being flight risks or tampering with evidence or witnesses.
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TAGS: Rajesh Joshi Gautam Malhotra Delhi court bail money laundering Enforcement Directorate excise policy scam CBI Prevention of Money Laundering Act AAP Vijay Nair kickbacks South lobby Goa election campaign liquor business cartel bribe prosecution witness flight risks evidence witnesses.
