Uncorking the Andhra Liquor Scam: A Deep Dive into Political Allegations and Fiscal Intrigue
The Enforcement Directorate is investigating an alleged liquor scam in Andhra Pradesh during the previous YSRCP regime, involving prominent figures. The investigation reveals a complex network of kickbacks, with major liquor brands being sidelined for favored ones. The YSRCP denies allegations, accusing rival parties of political conspiracy.
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The Enforcement Directorate (ED) has launched a probe into a substantial liquor scam reportedly occurring during the former YSRCP regime in Andhra Pradesh, according to official sources. This development follows an FIR filed in September 2024 by the economic offences CID of the state police.
Central to the investigation are alleged irregularities in liquor sales, with the ED scrutinizing agents, vendors, and potential involvement of government officials. Notably, the case includes allegations of significant monthly kickbacks totaling around Rs 60 crore, reportedly orchestrated by Kasireddy Raja Sekhar Reddy, a former IT adviser, and other key figures.
The scandal allegedly caused a drastic reduction in the market share of major liquor brands, adversely affecting companies like United Spirits and Pernod Ricard. As the investigation unfolds, the YSRCP dismisses the claims, attributing them to a politically motivated campaign by opposition forces.
(With inputs from agencies.)
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