The Rouse Avenue Court in Delhi said that he would have to surrender his passport and execute a guarantee for ₹2 lakh, to avail bail.
Butchibabu Gorantla has turned approver in the Delhi Liquor scam case. (Instagram)
BRS MLC Kavitha Kalvakuntla’s former auditor Butchibabu Gorantla was granted conditional bail on Monday, 6 March. He was arrested by the CBI on 8 February in connection with the Delhi liquor scam.
The Rouse Avenue Court in Delhi, while granting bail to Butchibabu, said that he would have to surrender his passport and execute a guarantee for ₹2 lakh, to avail bail.
Butchibabu, after being arrested by the CBI, was lodged in Tihar jail in Delhi.
Butchibabu’s bail petition came up for hearing on 1 March, but the court adjourned its verdict after hearing arguments from both sides to 6 March.
In the Delhi liquor policy scam, the CBI had already arrested Abhishek Boinpally. Butchibabu is the second person to be arrested from Telangana by the CBI.
Recently, the Enforcement Directorate (ED), which too has been investigating the case, sought and obtained permission from the court to grill Buchbabu in judicial custody.
When the CBI arrested Butchibabu, the agency said that it took action for his alleged role in formulating the now-scrapped Delhi Excise Policy for 2021-22 which caused wrongful gain to Hyderabad-based businessmen.
Before arresting Butchibabu, the CBI had grilled him for a very long time.
Buchibabu’s arrest caused a sensation in Telangana as he happens to be the former auditor of Kavitha, whose name had figured in the charge sheet that the ED had filed with the court.
The ED had said that the AAP had come up with the scam to mop up funds to fight elections in Punjab and Goa.
In the same charge sheet, the ED had explained how the so-called “South Group”, in which Kavitha was named, had paid ₹100 crore to Vijay Nair of the Aam Aadmi Party (AAP).
The ED had said that at the instance of the AAP leaders, a company called IndoSpirits of Sameer Mahendru got a wholesale dealership.
Then on the instructions of Vijay Nair, a 65 percent partnership of IndoSpirits allegedly went to Kavitha and Andhra Pradesh MP Magunta Srinivasulu Reddy after Kavitha invested ₹3.4 crore and Magutna, ₹5 crore.
Hyderabad businessman Arun Ramachandran Pillai and Prem Rahul acted on behalf of Kavita and Srinivasulu Reddy, respectively, in IndoSpirit, the ED has said.
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