ED Uncovers Overseas Links in Expanding Andhra Pradesh Liquor Scam
The Enforcement Directorate (ED) has unearthed new evidence pointing to overseas connections in the Andhra Pradesh liquor scam. Investigations reveal illicit fund transfers upwards of several crores to Dubai, with chat evidence and ledgers supporting these claims. The scam involved manipulated transactions, bogus invoices, and kickbacks linked to shell companies.
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The Andhra Pradesh liquor scam has taken an international turn as the Enforcement Directorate (ED) uncovers evidence pointing to overseas connections. Chat logs obtained by the ED suggest involvement of several elusive individuals residing in Dubai, linked to remittance of illicit funds totaling several crores, earlier siphoned abroad.
The latest revelations follow ED's extensive search operations in cities like Hyderabad, Bengaluru, and Delhi, uncovering crucial devices and documents. These suggest transactions involving kicked-back payments, shell companies, and inflated invoices, with a significant sum of unaccounted cash recovered.
Originating from an FIR filed by Andhra Pradesh CID, the investigation highlights strategic manipulations and the coercion of suppliers. The Special Investigation Team's (SIT) findings underscore systemic malpractice in the state's liquor policy, evidencing kickbacks in the guise of business transactions.
(With inputs from agencies.)
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