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ED intensifies probe into multi-crore liquor scam in Andhra Pradesh

Indian Community Editorial TeamBy Indian Community Editorial TeamMarch 9, 20262 Mins ReadNo Comments Add us to Google Preferred Sources
ED intensifies probe into multi-crore liquor scam in Andhra Pradesh
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The Enforcement Directorate (ED) has stepped up its investigation into the multi-crore liquor scam in Andhra Pradesh by interrogating four suspects in Vijayawada. Krishnamohan Reddy was questioned for two hours, while the interrogation of Dhanunjay Reddy, Venkatesh Naidu, and Bonneti Chanakya was ongoing. The ED’s actions follow the attachment of assets worth Rs 441.63 crore belonging to various individuals and entities under the Prevention of Money Laundering Act.

The ED’s probe was initiated based on an FIR filed by the CID, Andhra Pradesh, regarding a complaint by the Principal Secretary to the Government of Andhra Pradesh, alleging a loss of Rs 4,000 crore to the state exchequer. The investigation has uncovered a money trail of Rs 1048.45 crore in kickbacks, involving cash, gold, and control of distilleries. These proceeds were allegedly used for personal enrichment and purchasing properties by the liquor syndicate members.

Prior to 2019, the liquor trade in Andhra Pradesh was regulated through a transparent digital system, but post the 2019 elections, a manual system was introduced, granting discretionary powers to officials. This manual system was allegedly misused to favor certain liquor brands through discriminatory practices. The ED has highlighted irregularities in the allocation of orders for supply, pointing to a scheme where kickbacks influenced brand preferences.

Andhra Pradesh Andhra Pradesh State Beverages Corporation Limited Booneti Chanakya CID Andhra Pradesh Donthireddy Vasudeva Reddy Enforcement Directorate Kessireddy Rajasekhara Reddy Prevention of Money Laundering Act Vijayawada YSR Congress Party
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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