ANDHRA PRADESH: SIT Uncovers Rs. 11 Crore in Andhra Liquor Scam Probe
Massive Cash Seizure Unearths Scandal
A Special Investigation Team (SIT) probe into the alleged liquor scam during the YSR Congress Party (YSRCP) regime in Andhra Pradesh has uncovered staggering financial irregularities. Authorities seized Rs. 11 crore in cash, concealed in 12 cardboard boxes disguised as office files, from a guest house in Shamshabad, Ranga Reddy district.
Key Accused Implicated
The breakthrough followed a confession by Varun Purushottam, identified as A-40 in the case, who revealed the cash hoard’s location. Acting on his statement, SIT officials raided Sulochana Farm Guest House in Kacharam, exposing a covert operation allegedly orchestrated by Raj K.C. Reddy and associate Chanakya.
Intricate Network of Illicit Funds
Investigations indicate that Varun, with assistance from Vinay, hid the cash in June 2024 under Reddy’s directives. The seizure has illuminated a broader scheme, with the SIT estimating irregularities exceeding Rs. 3,500 crore in the liquor trade between 2019 and 2024.
Systemic Corruption Alleged
The SIT alleges a syndicate manipulated Andhra Pradesh State Beverages Corporation Limited (APSBCL) operations, favoring select liquor brands for kickbacks. The probe points to the replacement of an automated order system with a manual one, enabling illicit gains through preferential contracts.
Prominent Figures Under Scrutiny
Preliminary findings suggest involvement of high-ranking YSRCP leaders, with evidence indicating funds were funneled through intermediaries and shell companies. The SIT is poised to reveal further details, potentially implicating additional prominent figures in the near future.
Ongoing Probe and Implications
The investigation continues to unravel the extent of the alleged scam, with forensic audits and tracking of hawala networks underway. The case, involving charges of cheating, criminal breach of trust, and money laundering, underscores significant lapses in governance and public trust.