YSR Congress Ex-Advisor, Former MD Held in Liquor Scandal

The ED arrested Raj Kesireddy and D Vasudeva Reddy in a ₹349 crore liquor scam linked to the YSR Congress regime, revealing extensive money laundering. | India News

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The Enforcement Directorate (ED) has arrested Kesireddy Rajasekhara Reddy, a former advisor to YS Jagan Mohan Reddy, and D Vasudeva Reddy, former MD of AP Beverages Corporation Limited (APBCL), in a multi-crore liquor case.

The ED conducted day-long raids on their residences and offices, and both were produced before a special court in Hyderabad.

The investigation, linked to the alleged liquor scam during YSRCP rule, found that hundreds of crores changed hands through hawala and money laundering channels.

ED had previously conducted searches at the premises of several YSR Congress Party leaders and found a money trail of ₹1048.45 crore in kickbacks.