Butchi Babu the chartered accountant, formerly employed with KCR’s daughter and MLC K Kavitha, was arrested by the CBI in the Delhi liquor policy case.
Butchi Babu, the Kavitha’s ex-auditor, represented the “South Group” in the case, said the CBI. He was arrested on Tuesday evening as he was non-cooperative and his responses were found to be evasive, said the agency.
The CBI has alleged that Babu’s role in the formulation and implementation of the now-scrapped Delhi Excise Policy caused “wrongful gain” to Hyderabad-based wholesale and retail licensees and their beneficial owners.
CBI stated that Kavitha laundered over Rs 100 crores through the scam. Also, 10 phones have been destroyed in order to tamper with the evidence in the case, the CBI stated in the charge sheet.
Kavitha’s name was seen in both the charge sheets that were filed by the CBI and the screws are tightening with the investigation agency cracking down on it.
