Top Executive Arrested In Rs 3,200 Crore Andhra Pradesh Liquor Scam
Balaji Govindappa, an executive director at Bharati Cement Pvt Ltd, has been arrested by Andhra Pradesh police for his role in a Rs 3,200 crore liquor scam. The scam is linked to several high-profile individuals and took place during the previous YSRCP regime.
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An executive director of Bharati Cement Pvt Ltd, Balaji Govindappa, has been taken into custody by the Andhra Pradesh police as part of their investigation into a massive Rs 3,200 crore liquor scam, according to an official statement on Tuesday.
Govindappa, who is among the multiple individuals implicated, was apprehended in Mysuru, Karnataka, as confirmed by a police source. Prior to this, the Special Investigation Team (SIT) conducted a search at his Hyderabad residence.
The Enforcement Directorate has also launched a money laundering probe linked to the case, which originated from a September 2024 FIR by the Economic Offences CID. The SIT's recent remand report on prime accused Kasireddy Raja Sekhar Reddy lists several prominent figures, including Govindappa, who allegedly had pivotal roles from 2019 to 2024.
(With inputs from agencies.)
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