Former APSBCL MD Arrested in Andhra's Rs 3,500-Crore 'Liquor Scam'

• Former APSBCL MD D Vasudeva Reddy arrested by Andhra Pradesh SIT in alleged Rs 3,500 crore liquor scam.
• Reddy is the second accused, facing charges for irregularities in excise policy during the YSRCP regime (2019-2024).
• Police allege Reddy, an IRTS officer, was involved in planning, execution, and receiving pecuniary benefits from crime proceeds.
• SIT claims the crime involves multi-layered fund transfers from APSBCL under Reddy's control to distilleries, suppliers, hawala units, and shell companies.
• Arrest made under IPC sections for criminal breach of trust, cheating, and Prevention of Corruption Act, 1988.