Electoral Bond Controversy Unveiled: BJP’s Windfall from Delhi Liquor Policy Case

A Closer Look at Businessman's Investments and Kejriwal's Arrest

New Delhi: When the Enforcement department is hunting down opposition leaders in Delhi Liquor Policy Case, a question arises: Is the BJP free from all sorts of corruption in Indian politics? On the other hand, the issue of electoral bonds indicates that the BJP is the nation’s first corrupt political party. After its arrest, the party received a major share from the businessman involved in the scam.

Delhi Liquor Policy Case Unfolds

Businessman Sarath Chandra Reddy, accused in the Delhi Liquor Policy case, was an approving witness. Immediately after his arrest, businessman Sarath Chandra Reddy paid 5 crores. Reddy, the director of Aurobindo Pharma, also purchased bonds worth 34.5 crores out of 52 crore bonds exchanged with the BJP. Additionally, he gave 15 crores to Bharat Rashtra Samithi (BRS) and 2.5 crores to the Telugu Desam Party (TDP).

Previously, the Enforcement Directorate (ED) arrested BRS leader and former Telangana Chief Minister K. Chandrasekhara Rao’s daughter, K. Kavitha. Later, Delhi Chief Minister Arvind Kejriwal was also arrested in the Delhi liquor policy corruption case. Kejriwal’s arrest marks the latest involvement of the ED in contemporary Indian politics. The Delhi Liquor Policy case started as a mere allegation but has now reached the Aam Aadmi Party’s doorstep through step-by-step operations.

The Delhi government introduced a liquor policy to increase revenue and stop liquor mafias. The city was divided into 32 zones, each allowing a maximum of 27 outlets. Private companies were awarded 849 outlets through auctions, ending government control over alcohol sales. However, after strong protests, the new policy was canceled in July 2022, and the old one was reinstated.

Uncovering Systemic Corruption

The government extended the time to deposit money, allowing private and small traders to make huge profits while causing financial losses to the treasury. The Central Bureau of Investigation (CBI) found high-level corruption behind this. Subsequently, the ED also investigated the case. The CBI alleged that leaders received huge sums as gifts and used the money for election campaigns in Goa.

The Delhi Chief Secretary’s report shed light on the scandal, revealing violations of the GNCTD Act 1991, Transfer of Business Rules 1993, and Delhi Excise Rules 2009 and 2010. Delhi Lieutenant Governor VK Saxena ordered an inquiry after this report. On July 22, 2022, the Governor recommended a CBI probe. Once the CBI started investigating, the ED arrested AAP’s first-grade leaders.

Rohit Sharma

Rohit Sharma is a seasoned Political Journalist with a deep passion for Indian Politics. With over a decade of experience in the field, he has established himself as a trusted… More »

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