The CBI on Wednesday arrested Butchi Babu Gorantla, a Hyderabad-based chartered accountant for his alleged role in the formulation and implementation of the Delhi excise policy, news agency ANI reported. Butchubabu Gorantla is believed to be a former aide of Telangana chief minister K Chandrashekar Rao’s daughter MLC Kavitha whose name has already been dragged into the case. The policy caused ‘wrongful gain’ to Hyderabad’s wholesale and retail licensees and their beneficial owners, the agency said. He will be produced in court today.
The CA was summoned to Delhi and was arrested.
This is not the first time that the CA’s name has come up in the case. In 2022, his residence in Aravind Nagar, Domalguda was raided by the Enforcement Directorate as he served as the personal auditor of many eminent persons including Kavitha.
Kavitha was questioned by the CBI in connection with the policy and denied all allegations of receiving kickbacks through the policy.
