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Supreme Court adjourns hearing on Vijay Nair bail plea in Excise Policy case

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New Delhi | July 31, 2024 5:41:43 PM IST
The Supreme Court on Wednesday adjourned the hearing on businessman Vijay Nair's bail plea in a money laundering case related to alleged irregularities in the Delhi Excise Policy case.

A bench by Justices Hrishikesh Roy, Sudhanshu Dhulia and SVN Bhatti adjourned the matter on the request made by Nair's counsel.

Vijay Nair's counsel sought adjournment on the grounds of adding additional documents to the matter. Nair, through his advocate Binisa Mohanty has challenged the Delhi High Court which denied bail to him in the liquor policy case. His bail plea was earlier rejected by the trial court.

Earlier in his bail plea before the trial court, Nair stated that he was only the media and communications in charge of the AAP and was not involved in the drafting, framing or implementation of the excise policy in any manner and that he was being "victimised" for his political affiliation. Nair had stated that the allegations against him were wrong, false and baseless.

He asserted that his arrest by the Enforcement Directorate on November 13 2022 was completely illegal and "appears to be motivated by extraneous considerations" given that the special court was expected to pronounce orders on his bail plea in the corruption case being probed by the Central Bureau of Investigation

ED earlier told the court that Vijay Nair, on behalf of leaders of the AAP, had allegedly received kickbacks to the tune of Rs 100 crore from a group, called South Group. Nair is the former Media and Communication Charge of the Aam Aadmi Party (AAP) and the former CEO of the entertainment and event management firm Only Much Louder.

The ED and the CBI had alleged that irregularities were committed while modifying the excise policy, undue favours were extended to licence holders, the licence fee was waived or reduced and the L-1 licence was extended without the competent authority's approval.

The L-1 licence is granted to a business entity having wholesale distribution experience in the liquor trade in any state for at least five years. (ANI)

 
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