Andhra Pradesh Liquor Scam: ED Uncovers Cash Kickbacks During YSRCP Rule

Andhra Pradesh Liquor Scam: ED Uncovers Cash Kickbacks During YSRCP Rule.webp

Amaravati, March 7 Andhra Pradesh IT Minister Nara Lokesh said on Saturday that the alleged Rs 3,500-crore "liquor scam" during the previous YSRCP government involved monthly kickbacks of Rs 100 crore and over Rs 1,000-crore in cash, as uncovered by the ED.

On Friday, the Enforcement Directorate said it had attached assets worth more than Rs 441 crore of various accused involved in the Andhra Pradesh liquor scam case.

The attached properties include bank balances, fixed deposits, land parcels, and other immovable assets belonging to the prime accused, Kasireddy Rajasekhara Reddy, his family members, and related entities, as well as other accused like Booneti Chanakya and his related entities and relatives, and entities of Donthireddy Vasudeva Reddy, among others.

The IT minister accused former Chief Minister YS Jagan Mohan Reddy of "preaching prohibition" and said that illicit liquor allegedly destroyed thousands of families in the southern state.

"Rs 100 crore in kickbacks every month. Rs 3,500 crore laundered. Rs 1,048 crore in cash uncovered by the ED. Is this the real story behind your 2019 "prohibition" promise, YS Jagan Mohan Reddy?" Lokesh said in a post on 'X'.

While Jagan preached prohibition, his cronies filled their pockets with thousands of crores of rupees, he alleged.

Will you (Jagan) answer the people of Andhra Pradesh, or will silence be your only defence, Lokesh asked.
 
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andhra pradesh liquor scam asset attachment bank accounts cash transactions corruption investigation ed investigation enforcement directorate financial crime fixed deposits kasireddy rajasekhara reddy nara lokesh prohibition policy real estate ys jagan mohan reddy ysrcp
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