Key Arrest in Andhra Pradesh Rs 3,200 Crore Liquor Scam
The Special Investigation Team (SIT) of Andhra Pradesh arrested Balaji Govindappa linked to a Rs 3,200 crore liquor scam during the previous YSRCP regime. This follows a money laundering case by the Enforcement Directorate and involves several key figures from 2019 to 2024.
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In a significant development, the Andhra Pradesh Police Special Investigation Team (SIT) has apprehended Balaji Govindappa in connection with the alleged Rs 3,200 crore liquor scam. The arrest took place in Mysore, according to an official statement released on Tuesday.
Govindappa, one of the multiple accused, holds the position of executive director at Bharati Cement Pvt Ltd. His arrest followed a search of his Hyderabad residence by SIT officials three days prior. Meanwhile, the Enforcement Directorate has initiated a money laundering investigation linked to the case.
The roots of the ED's involvement trace back to a September 2024 FIR filed by the Economic Offences CID. Reports indicate that individuals like Vasudeva Reddy, Satya Prasad, and several former political figures, including MP PV Midhun Reddy, were named as key players from 2019 to 2024.
(With inputs from agencies.)
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