According to officials, the raid, conducted at a property in Kacharam, Shamshabad Mandal, Rangareddy district, Telangana, marks a crucial escalation in the multi-crore Andhra Pradesh scam probe.
Discovery Of Cardboard Boxes
Acting on information provided by Varun Purushotham, a key accused, designated as A-40 in the case, the Special Investigation Team uncovered the cash concealed in 12 cardboard boxes on the premises. Purushotham’s confession detailed how the funds were hidden, guiding authorities directly to the stash.
Liquor Scam Raid
The seized money was found in 12 boxes disguised as office files, reportedly hidden on the instructions of Raj Kesireddy and Chanakya, with the assistance of Vinay and Varun Purushotham. Raids at the homes and offices of the accused led to the discovery of unaccounted cash and other crucial evidence. According to investigators, the liquor scam allegedly unfolded during the previous YSR Congress Party government's tenure.
According to the SIT, commissions collected from distillery companies were allegedly channelled into shell firms, resulting in an estimated Rs 3,500 crore loss to the state exchequer.
Who is the 'Kingpin' Behind The Operation?
Apart from Mithun Reddy, investigators have reportedly identified former government advisor Kesireddy Rajasekhar Reddy as the ‘kingpin’ behind the operation. According to media reports, former YSRCP MP Vijayasai Reddy and several others have also been named as accused for running a vast kickback network. To date, twelve individuals have been arrested, and the Enforcement Directorate has taken over parts of the investigation.
Who Is The Accused?
The Rajampet MP has been named as Accused No. 4 in the case. According to MoneyControl, these illegal kickbacks and money laundering activities are happening all over the state. According to News18, more arrests and seizures are expected in connection with the case.
