AAP claims: Sharath Reddy funneled BJP funds

“Money from companies linked to Sharath Reddy was channeled into the BJP’s coffers via Electoral Bonds. Initially, 4.5 crores were transferred, followed by an additional 55 crores post his arrest. I challenge Prime Minister Modi and the ED; now that the money trail in the liquor scandal has been uncovered, they should arrest BJP’s National President JP Nadda,”

| Updated: 23 March, 2024 4:24 pm IST
Sharath Chandra Reddy

NEW DELHI: Delhi’s Education Minister, Atishi Marlena, has launched a scathing attack on the BJP, accusing companies associated with Sharath Reddy, a key figure in the Delhi Excise Policy case, of funneling Rs 59.4 crore to the BJP through electoral bonds.

“Money from companies linked to Sharath Reddy was channeled into the BJP’s coffers via Electoral Bonds. Initially, 4.5 crores were transferred, followed by an additional 55 crores post his arrest. I challenge Prime Minister Modi and the ED; now that the money trail in the liquor scandal has been uncovered, they should arrest BJP’s National President JP Nadda,” Atishi stated. It is noteworthy that the arrest of Arvind Kejriwal is reportedly based on Sharath Reddy’s statement. Reddy is associated with companies such as APL Healthcare (Aurobindo Pharma).

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AAP revealed that the ED’s chargesheet named Sharath Chandra Reddy as the main figure, allegedly channeling 60 crores to the BJP through Electoral Bonds. “This indicates not only financial irregularities but also manipulation of legal processes against opposition leaders. The revelation of the Electoral Bond scandal sheds light on the influential forces behind it. Otherwise, entities like the SBI, IT department, and ECI wouldn’t allegedly have been involved in hiding Electoral Bond data to protect the BJP,” AAP asserted.

Additionally, AAP released a note highlighting key points regarding the Sarath Chandra Reddy matter:

Exposing one of the biggest scams in India’s political history, AAP claims corruption money is traced directly to BJP’s bank accounts through Electoral Bonds.

Despite extensive investigations by the ED and CBI into the fake Delhi liquor scam, involving over 500 raids and questioning of 1000 witnesses, AAP insists there’s no evidence against their party or ministers.

AAP questions the basis for the arrests, citing reliance on statements from government approvers who allegedly turned after being harassed and threatened.

The case primarily relies on the statement of Sarath Chandra Reddy, a key figure who allegedly turned from accused to approver to BJP donor.

Reddy, a Hyderabad-based businessman, reportedly won licenses for five liquor retail zones under the Delhi excise policy.

AAP emphasizes the chronology of events involving Reddy, the ED, and the BJP over the past two years, suggesting political manipulation.

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AAP highlighted Reddy’s conflicting statements, implying his changed stance regarding interactions with Arvind Kejriwal, and accused the BJP of framing them.

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