In a significant legal development, the Economic Offences Court in Jaipur has rejected the bail plea of Naveen Yadav, the alleged mastermind behind a massive Rs 4,000 crore GST evasion racket.
Yadav was arrested by the DGGI, Jaipur Zonal Unit, following an extensive raid, and has remained in judicial custody since February 19. Authorities allege that he orchestrated a large-scale operation involving the clandestine supply of goods while evading statutory tax obligations.
The case also implicates Manoj Vijay and Rajeev Yadav as co-accused. While Vijay has been arrested, Rajeev Yadav remains at large following the raids. Naveen Yadav’s counsel contended that his client had no role in the fraudulent transactions and was being falsely implicated. However, Special Public Prosecutor R.N. Yadav, appearing for the DGGI, opposed the plea, citing the accused’s history of tax evasion and repeated fraudulent conduct.
Source from: https://firstindia.co.in/news/rajasthan/jaipur-court-denies-bail-to-alleged-rs-4000-cr-gst-evasion-mastermind
