Kavitha Involved in Payment of Kickbacks, Money Laundering: ED Tells Delhi Court

The Enforcement Directorate on Monday filed a reply of more than 200 pages before the Rouse Avenue Court, opposing bail plea of BRS MLC K Kavitha in the money laundering case pertaining to the Delhi Excise Policy.

While opposing both interim and regular bail plea files by Kavitha, the ED stated that she is involved in various processes and activities relating to proceeds of crime (POC) to the tune of at least Rs 292.8 crore.

In its response submitted before Special CBI Judge Kaveri Baweja,the federal probe agency said, “The applicant is involved in the commission of grave economic offences. There is ample evidence on record to link the applicant to the commission of the offence of Money Laundering, and his release on bail would adversely affect further investigation to unearth the deep-rooted multi-layered conspiracy.”

The agency also raised various other grounds like Kavitha conspiring with other people and actively being involved in payment of kickbacks to the tune of Rs 100 crore and then establishing the money laundering ecosystem, M/s Indo Spirits through her proxy which generated proceeds of crime of Rs 192.8 crore.

The ED also said, “The averment of the applicant that the twin conditions will not be applicable in the present case in light of the provision therein, are liable to be rejected as considering the facts of the case, role of the applicant, position in the society, nature of evidence etc. the applicant cannot claim the benefit of the provision to Section 45 of the PMLA.”

There is ample evidence on record to link the applicant to the commission of the offence of Money Laundering, and her release on bail would adversely affect further investigation to unearth the deep-rooted multi-layered conspiracy, the agency further told the court.

In addition, the ED also ensured that it is taking all possible steps to conduct an effective and fair further investigation, which would be hampered if the applicant is released on bail; especially in light of the nature of the case, severity of allegations and voluminous evidence on record.