India

Delhi excise ‘scam’: Court grants interim bail to liquor businessman Sameer Mahendru

A Delhi court has granted a two-week interim bail to Sameer Mahendru, a liquor businessman, in connection with a money laundering case tied to purported irregularities in the now-defunct Delhi excise policy. Special Judge M K Nagpal provided relief to Mahendru, the managing director of Indospirit, based on his application citing his wife’s health issues.

The judge highlighted that during Mahendru’s previous interim bail, there was no attempt to influence witnesses or tamper with evidence. The order issued on January 5 emphasized that Mahendru is not a flight risk and lacks a record of attempting to sway witnesses or manipulate evidence.

Also Read: CM Bhajan Lal Sharma Makes First Administrative Reshuffle, 72 IAS-121 RAS Transferred By Rajasthan Government

The prosecution alleges that Mahendru significantly benefitted from excise policy violations, operating both an alcoholic beverage manufacturing unit and holding wholesale and retail licenses in the names of relatives. The prosecution contends that due to these alleged irregularities, Mahendru accumulated approximately Rs 50 crore in profit.

The Enforcement Directorate (ED) initiated an enforcement case information report against Mahendru under the relevant provisions of the Prevention of Money Laundering Act. The court’s decision to grant interim bail takes into account Mahendru’s family circumstances and previous adherence to legal requirements during bail periods. This development underscores the ongoing legal complexities surrounding the alleged financial improprieties related to the now-scrapped Delhi excise policy.

Naiteek Bhatt

Recent Posts

India Steps Up Vigil Against Cheap Chinese Imports Amid US Tariff Hike

The Commerce Ministry was already monitoring Chinese steel imports. These had hurt Indian industry after…

48 mins ago

PM Modi: Held Comprehensive, Productive Talks With President Dissanayake

During his visit to Colombo, Prime Minister Narendra Modi engaged in wide-ranging discussions with Sri…

49 mins ago

Manoj Kumar Cremated With State Honours In Mumbai, Big B, Salim Khan, Others Pay Their Last Respects

Veteran actor Manoj Kumar, who introduced patriotic themes in Hindi cinema, passed away on Friday…

1 hour ago

Adani Group Shines At IAA Olive Crown Awards 2025 With Four Gold Wins

Adani Group emerged as a top winner at the IAA Olive Crown Awards 2025 in…

1 hour ago

Sri Lanka Assures India Of No Threat From Its Soil: President Dissanayake

During his state visit to Sri Lanka, PM Narendra Modi held delegation-level talks with President…

1 hour ago

PM Modi Reaffirms India’s Support For Sri Lanka During Historic Visit

PM Narendra Modi emphasized Sri Lanka’s special place in India’s 'Neighbourhood First' policy and Vision…

1 hour ago