The difficulties of former Deputy Chief Minister Manish Sisodia, arrested in the Delhi Excise Policy case, are not taking the name of reduction. The court has postponed Manish Sisodia’s bail decision in the money laundering case related to the excise policy. The Rouse Avenue Court has deferred the decision on Sisodia’s bail plea till April 28.
Earlier, in the case hearing on April 18 (Tuesday), the court had reserved its verdict. Special Judge MK Nagpal of Rouse Avenue Court was to hear the verdict on April 26. In today’s hearing, the court has postponed the decision. Sisodia is in judicial custody in cases registered by the CBI and the ED. He was denied bail by the special judge in the CBI case on March 31. His bail plea is pending before the Delhi High Court and will be heard on April 20.
Remanding Sisodia to ED custody, the court had said that Sisodia had played a key role in formulating and implementing the excise policy and that his arrest in the money laundering case was warranted. The ED has alleged that the excise policy was implemented as part of a conspiracy to give wholesale trading profit of 12% to some private companies.
The agency had also said there was a conspiracy coordinated by Vijay Nair and other persons along with South Group to give extraordinary profit margins to the wholesalers. It was argued that Nair acted on behalf of the Chief Minister and Deputy Chief Minister of Delhi. On the destruction of evidence, the ED has said that Sisodia destroyed 14 phones, of which only two were recovered. It was also said that the AAP leader used SIM cards and phones bought in the name of other persons.