New Delhi, June 1: The Rouse Avenue Court on Thursday allowed the Hyderabad-based businessman P Sarath Reddy to turn approver for ED in an alleged excise policy case. The Special Judge MK Nagpal on Thursday allowed Reddy to turn approver in the case while also granting him pardon.

Sarath P Reddy was recently granted regular bail by Delhi High Court on medical grounds. Reddy is the head of a Hederabad-based Aurobindo Pharma company and is engaged in liquor business, said the ED in court earlier. Delhi Excise Policy Case: Enforcement Directorate Uncovers ‘Misuse’ of Power by Punjab Government’s Machinery.

While arguing against Sarath Reddy, ED earlier submitted that it is amply evident that, he had actively planned and conspired with various business owners and politicians and indulged in unfair market practices to gain undue advantage in the Delhi Excise Policy, 2021-22. Applicant led a nexus controlling a considerable market share through cartelization in clear contravention of objectives of Delhi Excise Policy.

Earlier, Delhi-based businessman Dinesh Arora turned approbation in CBI case. While moving an application Arora said, " I am ready to make true disclosure voluntarily about the case and want to be an approver in the case" Excise Policy Case: Delhi Court To Pronounce Order on CBI Supplementary Charge Sheet Against Manish Sisodia on May 27.

(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)