Excise Case: Delhi Court to pronounce order on Manish Sisodia bail in ED case on April 28

The Rouse Avenue Court on Wednesday deferred the order on the bail plea of Delhis Former Deputy Chief Minister Manish Sisodia in connection with the Enforcement Directorate ED case in connection with the alleged excise scamThe Special Judge MK Nagpal on Wednesday deferred the pronouncement for April 28 2023 on the bail plea of Manish Sisodia in money laundering being investigated by the EDEarlier appearing for Manish Sisodia Senior Advocate Dayan Krishnan submitted It is not the job of the ED to tell what happened in the GoM and the cabinet the job of the ED should be to tell that if any crime was committed who benefited from itManish Sisodias lawyer said that Sisodia cannot be kept in custody only on the basis of speculations Manish Sisodias lawyer submitted that no money laundering case is made out against him Enforcement Directorate had opposed the bail plea and said an Illegal ecosystem was created in view to give illegal benefits to liquor cartels to get kickbacksAlso Read New evidence against Manish Sisodia in excise scam case ED claims in courtAppearing for ED Zohaib Hossain submitted before the Court that all the elements of conspiracy are present here in the matter Conspiracy are hatched in secrecy the policy made in the public domain submitted ED lawyer and also said every process of activity dealing with proceeds of crime is money launderingED lawyer further alleged that Sisodia played a key role in modifying and implementing the modified policy We have proof that the policy was modified without any deliberation and discussion And we also have sufficient statements of various concerned persons to show that the profit margin was increased from 6 per cent to 12 per cent was meant as kickbacksIn the matter the expert committee suggested that individuals will apply and they will get two retail vends This was to avoid cartelisation This was supposed to happen through the lottery system but Manish Sisodia preferred the limited entity modelED further said that If the policy was genuine why were emails planted by Manish Sisodia in favour of the policy Emails were planted through Minority Commission Chairman Sisodia got emails planted on the mails address of excise depth which was the dame address where the public comments were sought obverse the policy Fabricated emails to show public approval for a policy This is a sham approvalOn wifes health ED submitted that other people and family were taking care of his wife since long While he was holding 18 portfolios and was holding public meetings there were other people attending to his wife Humanitarian ground cant be used here says ED counsel Earlier appearing for Manish Sisodia Advocate Vivek Jain argued that no PMLA case has made against him Section 45 of PMLA would come against me only if an offence under Section 3 is made outED reply opposing my bail doesnt even show I have conceal any proceeds of crime or acquired any proceeds of crime or I projected proceeds of crime Not a single rupee has come in my account or my family account They have raided my home they have checked by bank accounts They even have gone to my native place Advocate Vivek Jain arguedManish Sisodia was physically produced before the Court on Tuesday during the arguments of his bail pleaThe Rouse Avenue Court was hearing a bail plea of Delhis former Deputy Chief Minister Manish Sisodia in a money laundering case pertains to alleged irregularities in the framing and implementation of the excise policy of GNCTDThe Enforcement Directorate ED on March 9 arrested former Delhi deputy chief minister Manish Sisodia in the liquor policy case after hours of questioning at Tihar JailSisodia was arrested by the CBI earlier in its ongoing investigation of a case related to alleged irregularities in the framing and implementation of the excise policy of the National Capital Territory of Delhi GNCTDThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever