“‘Total proceeds of crime over 1100 crores, Kavitha involved in 292 crores’: ED’s supplementary charge sheet on Excise Policy Case”, Opindia, June 3, 2024:

“The Enforcement Directorate (ED) in its recent supplementary chargesheet filed in Delhi Court stated that the total Proceeds of Crime (PoC) identified so far is Rs 1100 Cr, out of which PoC of Rs 292.8 Cr is being dealt with in this Prosecution Complaint. The ED has recently filed a Supplementary prosecution chargesheet naming BR Leader K Kavitha and several others in connection with the Excise policy money laundering case.

The chargesheet stated that Bharat Rashtra Samithi (BRS) leader K Kavitha was involved in PoC of 292.8 crores out of which 100 crores are kickbacks to AAP leaders & 192.8 crores are profit of Indospirits. K Kavitha conspired with the members of the South Group and the AAP leaders through Vijay Nair (who was acting on behalf of the top leaders of the AAP) to pay kickbacks to the tune of Rs 100 Cr and receive undue benefits.

Kavitha by way of conspiracy and formation of Indo Spirits has participated in the generation, acquisition and use of the PoC of Rs. 192.8 Cr which was derived as a result of the conspiracy of kickbacks and payment of kickbacks. By showing Indo Spirits as a genuine business entity and acquiring the PoC of Rs 192.8 Cr she is involved in projecting this PoC as genuine profit from a legitimate business, stated the chargesheet……”

Read the full article at Opindia.com