Businessman Vijay Nair, the former CEO of the event management firm Only Much Louder, was detain by the Central Bureau of Investigation (CBI) on Tuesday in connection with the Delhi Excise Policy scandal.
In the Delhi Excise Policy case, the CBI had previously in August issued a Look Out Circular (LOC) against eight “private” defendants. Nine “private” individuals were mention in the CBI’s First Information Report on the Delhi Excise policy case. All private individuals have targeted by the Look Out Circular, with the exception of Manoj Rai, the former vice president of Pernod Ricard.
Nair, who was away for a considerable amount of time, was reportedly summon to the agency office on Tuesday for interrogation.
According to sources, Nair was detained for his alleged involvement in a “cartelization” and “scheme” involving alleged anomalies in the distribution of alcohol licences in the nation’s capital.
According to the FIR, Arjun Pandey, a close friend of Sisodia, previously procured 2-4 crore rupees in cash from liquor entrepreneur Sameer Mahendru on behalf of Nair, the former CEO of the entertainment and event management firm Only Much Louder.
Arun Ramchandra Pillai of Hyderabad and businessmen Vijay Nair, a former CEO of the entertainment and event management company Only Much Louder, Manoj Rai, a former Pernod Ricard employee, Amandeep Dhal, the owner of Brindco Spirits, and Sameer Mahendru, MD of IndoSpirit, were all named as defendants in the FIR.
In August, the investigative agency carried out searches at 19 places, including Manish Sisodia’s home and workplace in Delhi. The debate over the Delhi excise policy, the CBI had 15 people on their list.
In August, the CBI had issued a lookout notice for Nair and seven other people. According to reports from the investigating agency, Vijay Nair, the former CEO of the entertainment and event management firm Only Much Louder, Manoj Rai, a former Pernod Ricard employee, Amandeep Dhal, the owner of Brindco Spirits, and Sameer Mahendru, the owner of Indospirits, actively participated in irregularities in the formulation and implementation of the excise policy introduced in November of last year.
Information Collected and then acted upon
“Further information from the source indicated that Arun Ramchandra Pillai used to obtain unfair financial advantages from Sameer Mahendru (Of Indospirits) for the purpose of transmitting them to the accused public employees via Vijay Nair. Arjun Pandey previously procured for Vijay Nair a sizable financial sum of between 2 and 4 crore from Sameer Mahendru, “It read.
Amit Arora, Director of Buddy Retail Pvt. Limited in Gurgaon, Dinesh Arora, and Arjun Pandey, three of Manish Sisodia’s “close colleagues,” have also listed as defendants in the FIR.
At least two payments totaling crores of rupees reportedly paid to “close allies” of Sisodia by Mahendru, one of the booze sellers directly implicat in the alleg irregularities, are being investigated by the CBI.