The Central Excise Intelligence officials arrested Executive Director of M/s Qualicare Pharmaceuticals, V. Anand Kumar, in connection with a criminal case involving excise duty of Rs. 1.15 crore.
The arrested ED was produced before a criminal court on Tuesday and remanded in judicial custody, said Amaresh Kumar, Deputy Director of Directorate General of Central Excise Intelligence, Hyderabad, in a press release. The company was accused of clandestinely making artificial sweeteners of ‘Equal’ and ‘Canderal’ brands.