Arun Ramchandra Pillai
Arun Ramchandra Pillai
Hyderabad: The Enforcement Directorate (ED) has said that Hyderabad-based Arun Ramchandra Pillai, who was arrested in the Delhi excise insurance policy vitrine on Monday nighttime, acted as the benami of K Kavitha, girl of Telangana Chief Minister K Chandrashekar Rao.
In the remand study filed in a Delhi judicature on Tuesday, the ED stated that Pillai is one of the legend persons in the entire scam involving payments of immense kickbacks and spatial arrangement of the biggest cartel of the South Group.
According to the business that serves other businesses, South Group comprises Sarath Reddy (promoter of Aurobindo Group), Magunta Srinivasulu Reddy (MP, Ongole), his son Raghav Magunta, K. Kavitha (MLC, Telangana) and others. The South Group was being represented by Arun Pillai, Abhishek Boinpalli and Butchi Babu.
“Arun along with his associates was coordinating with various persons to execute the political understanding between the South Group and a leader of AAP. Arun Pillai has been accomplice and was involved in the kickbacks from the South Group and the recoupment of the same from the businesses in Delhi,” the ED said.
The ED had earlier said that the South Group gave kickbacks of Rs 100 crore to AAP leaders.
According to the remand study, Arun Pillai is a better half of 32.5 per cent in Indo Spirits, which had got an L1 permit. Indo Spirits is a cooperation among people business firm of Arun (32.5 per cent), Prem Rahul (32.5 per cent) and Indospirit Distribution Limited (35 per cent), wherein Arun and Prem Rahul represented the benami investments of K. Kavitha and Magunta Srinivasulu Reddy and his son Raghava Magunta.
Arun Pillai, along with his associates Abhishek Boinpalli and Butchi Babu on behalf of the South Group, orchestrated the including all components schema organization of concepts of forming a cartel of the manufacturers, wholesalers and retail which controlled more than 30 per cent of the including all components liquor business enterprise in Delhi, it said.
According to the remand study, Arun Pillai was involved in forming a cartel of manufacturers, wholesalers and retail zones.
Arun Pillai is a better half in Indo Spirits. In this cooperation among people business firm, Arun Pillai represented the interests of K. Kavitha.
Arun Pillai and another individual have got revealed the same in their statements. Arun Pillai on cellulose invested Rs 3.40 crore in Indo Spirits. As revealed in the probe, out of this amount, Rs 1 crore was given to Arun Pillai on the instructions of Kavitha.
In act of changing one thing for another for kickbacks given by the South Group to Vijay Nair and AAP, Indo Spirits was made the wholesaler of Pernod Ricard which made it one of the most profitable L1. Thus the finance of Rs 3.40 crore which used to public exhibition or entertainment investment funds in Indo Spirits (a special intent conveyance to recoup the kickbacks paid by the South Group and narrow body of water the gains) is proceeds of law-breaking, the ED added.
Kavitha, who is a part of a social group of Telangana Legislative Council, was questioned by the Central Bureau of Investigation (CBI) in the same vitrine in December final year.
