K. Kavitha threatened S. C. Reddy, CBI reveals.
Kavitha allegedly informed Reddy that failure to pay the money would result in detrimental consequences for his business operations in Telangana and Delhi, particularly under the Excise policy. The Central Bureau of Investigation (CBI) has accused Kavitha of issuing this threat to S.C. Reddy. This revelation emerged during a court hearing, shedding light on the nature of the alleged coercion tactics employed by Kavitha in pursuit of the Rs 25 crore payment from Reddy.
In a recent development, the Central Bureau of Investigation (CBI) has claimed that BRS leader K. Kavitha allegedly exerted pressure on Aurobindo Pharma Promoter Sharath Chandra Reddy to pay a hefty sum of Rs 25 crore to the Aam Aadmi Party. This purported demand was in relation to the allocation of five retail zones to Reddy’s firm under the Delhi government’s excise policy.
During a hearing at the Special Court, the CBI sought Kavitha’s custody, alleging that she had “threatened” Reddy regarding the payment. According to the CBI, Kavitha supposedly conveyed to Reddy that if he failed to comply with the demand, it would result in adverse repercussions for his business operations in both Telangana and Delhi, particularly under the Excise policy.
Interestingly, Reddy, who was previously under investigation in a PMLA case handled by the Enforcement Directorate, has now taken the stance of an approver in the case. It’s worth noting that he has not yet been charged by the CBI in this matter.
This unfolding narrative sheds light on the alleged coercive tactics purportedly employed by K. Kavitha, suggesting a high-stakes scenario where financial contributions to political entities seemed to dictate the course of business dealings.
The CBI’s assertions, made during the court proceedings, paint a picture of a calculated effort to influence the allocation of lucrative retail zones in the capital, linking them directly to substantial monetary contributions to a political party. As the legal proceedings progress, more details are expected to emerge regarding the intricate web of interactions and transactions surrounding this case.
The claims put forth by the CBI underscore the significance of transparency and integrity in the realm of government policies and business operations, highlighting the need for thorough investigation and accountability in such matters.
As the investigation unfolds, the implications of these allegations could potentially reverberate through the political and business landscape, raising pertinent questions about the ethical boundaries of influence and the interplay between politics and commerce.
The Central Bureau of Investigation (CBI) has revealed startling details during its plea for the custodial interrogation of K. Kavitha before Special Judge Kaveri Baweja. The agency alleges that Kavitha, who is the daughter of former Telangana chief minister K. Chandrasekhar Rao, played a pivotal role in persuading Sharath Chandra Reddy to venture into the liquor business in the national capital.
According to the CBI’s submission, it was on Kavitha’s “insistence and assurance” that Reddy decided to enter the liquor business in Delhi. Allegedly, Kavitha assured Reddy that she possessed influential contacts within the Delhi government and promised to facilitate his endeavors under the new excise policy.
Furthermore, the CBI asserts that Kavitha explicitly informed Reddy about the monetary obligations tied to this arrangement. She purportedly conveyed that payments of a substantial upfront sum—Rs 25 crores for the wholesale liquor business and Rs 5 crores for each retail zone—were to be directed to the Aam Aadmi Party operating within the Delhi government.
The alleged scheme took on a more intricate form as Kavitha reportedly designated her associates, Arun R. Pillai and Abhishek Boinpally, to oversee these financial transactions. These associates, as per the CBI’s allegations, were tasked with coordinating with Vijay Nair, identified as a representative of Arvind Kejriwal, the prominent political figure at the helm of the Aam Aadmi Party.
This narrative, as presented by the CBI, paints a picture of a calculated effort to orchestrate business opportunities within the lucrative liquor sector in Delhi. Kavitha’s purported role, according to the CBI’s claims, suggests a network of influence and coordination aimed at securing business advantages through political channels.
As the legal proceedings unfold, these revelations bring to the forefront pressing questions regarding the ethical boundaries of political-business interactions. The allegations laid out by the CBI underscore the importance of transparency, accountability, and the need for stringent scrutiny in matters where political influence intertwines with commercial ventures.
The intricate web of connections alleged by the CBI, linking political figures, business interests, and financial transactions, highlights the complexity of modern governance and the challenges posed by the intersection of politics and commerce.
As the case progresses, further details are expected to emerge, shedding more light on the alleged dealings and the extent to which political affiliations may have influenced business decisions in the capital’s liquor industry.
In a significant development, a Delhi court has remanded K. Kavitha to CBI custody until April 15 in connection with the alleged Delhi excise policy scam.
The CBI has put forth allegations stating that during March and May 2021, crucial periods when the excise policy was being shaped, Kavitha’s associates—Arun R Pillai, Abhishek Boinpally, and Butchibabu Gorantla—resided at Hotel Oberoi in Delhi. Their purported aim was to influence the policy in their favor by working through Vijay Nair, inserting provisions that would benefit them.
Additionally, the agency claims that Aurobindo Reality and Infrastructure Pvt. Ltd, upon receiving assurances of support from Kavitha, made a payment of Rs 80 lakh to her NGO, Telangana Jagruthi, in March 2021 under Corporate Social Responsibility (CSR).
Further allegations suggest that in June-July 2021, Kavitha allegedly coerced Sharath Chandra Reddy into entering a sale agreement for an agricultural land in Mahboob Nagar, Telangana. The CBI states that Reddy was pressured into paying Rs 14 crores for the land, despite his lack of interest in the purchase and unawareness of its value.
Moreover, the CBI contends that in November and December 2021, Kavitha demanded Rs 25 crores from Reddy at the rate of Rs 5 crores per zone for the five retail zones allotted to him. Allegedly, Kavitha claimed to have paid Rs 100 crores as upfront money on Reddy’s behalf to the Aam Aadmi Party through Nair to secure favorable provisions in the Excise Policy.
The agency asserts that when Reddy expressed reluctance to pay the demanded amount, Kavitha allegedly threatened to harm his business in Telangana and Delhi under the Excise Policy.
These revelations, as presented by the CBI, highlight a web of alleged coercion, financial transactions, and political influences intertwining in this intricate case. As the investigation progresses, more details are expected to emerge, shedding further light on the nature and extent of these alleged activities.