ED Seizes Rs 441 Crore Assets in Andhra Liquor 'Scam' Investigation
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ED attaches Rs 441-cr assets in Andhra liquor 'scam' case
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News18•06-03-2026, 19:30
ED attaches Rs 441-cr assets in Andhra liquor 'scam' case
•Enforcement Directorate attached assets worth over Rs 441 crore in the Andhra Pradesh liquor 'scam' case.
•The alleged scam occurred during the state's previous YSRCP government.
•Attached properties include bank balances, fixed deposits, land parcels, and other immovable assets of prime accused Kessireddy Rajasekhara Reddy and others.
•The scam involved monopolizing retail liquor outlets through GROs, disabling automated systems, and granting discretionary powers to APSBCL officials.
•The alleged scam caused a loss of Rs 4,000 crore to the state government; YSRCP called allegations baseless.