CBI opposes businessman Abhishek Boinpally’s bail plea


The Central Bureau of Investigation (CBI) on Friday opposed the bail petition moved by Hydrabad-based businessman Abhishek Boinpally in connection with the Delhi Excise Policy alleged scam.
Abhishek was arrested by the CBI recently, in an ongoing investigation of a case related to alleged irregularities in the framing and implementation of the excise policy of GNCTD of Delhi. The CBI on Friday filed its reply in this regard and said, “It would not be right to give bail at this stage, as the investigation is still at an important stage.”
CBI said that if Boinpally is given bail now, he may tamper with the evidence.
The Special Judge MK Nagpal noted down on Friday the part submissions made by both sides, and fixed the matter for November 9, 2022, for further arguments.
According to the CBI, during the course of the investigation, it has been revealed through statements of witnesses, and confessional statements of the accused recorded u/s 164 Cr.PC and the perusal of the Bank account that Abhishek Boinpally was part of repeated meetings at Delhi, Mumbai, and Hyderabad with the accused persons and other liquor traders in connection with the formulation of liquor policy and to derive benefits out of the provisions of said policy.
“He was part of the conspiracy in pursuance of which, he transferred money through hawala channels to co-accused Vijay Nair through co-accused Dinesh Arora prior to the implementation of the policy during the period November 2021 to July 2022,” CBI said.
The money transferred by the co-accused Sameer Mahendru of M/s Indospirits has also finally landed in the account of Abhishek Boinpally and he has not been able to satisfactorily explain the receipt of said money.
CBI further added that he was interrogated in connection with the allegations and confronted with the available evidence. However, he sought time to rethink and recollect the facts for replying to the questions regarding the aforesaid incriminating facts showing his involvement in the conspiracy.