Unveiling the Andhra Liquor Scam: Tilaknagar's Alleged Role

The Andhra Pradesh police are investigating a massive Rs 3,500 crore liquor scam dating back to the YSRCP's tenure. Key findings point at Tilaknagar Industries Ltd, a prominent liquor manufacturer, allegedly disbursing Rs 218 crore in kickbacks to gain supply orders from a state-run corporation, authorities have announced.

A Special Investigation Team has compiled a chargesheet in the local Vijayawada court, yet it remains to be examined. Intriguingly, Tilaknagar Industries is not explicitly named as an accused entity. Allegedly, the company generated Rs 1,472 crore in revenue through APSBCL transactions, with a considerable portion funneled as kickbacks.

Tilaknagar Industries claims ignorance of the inquiry, maintaining a focus on ethical business practices. Investigators suspect suspicious bank transactions converted state-earned revenue into cash laundered through gold jewelry schemes, intended to obfuscate the true nature of these dealings.

(With inputs from agencies.)