Latest news with #RajasekharReddy
News18
20-07-2025
- Politics
- News18
Andhra Liquor Scam: Chargesheet Mentions Ex-CM Jagan Reddy As Kickback Recipient
Last Updated: A chargesheet filed by police in connection with the Rs 3,500 cr alleged liquor scam has mentioned Reddy as one of the recipients of the kickbacks averaging Rs 5060 cr per month. Andhra Pradesh police has mentioned former chief minister YS Jagan Mohan Reddy as one of the recipients of the kickbacks, averaging Rs 50-60 crore per month, in a chargesheet filed in connection with the Rs 3,500 crore alleged liquor scam in a local court. The 305-page chargesheet filed on Saturday, however, stopped short of naming Jagan as an accused. The court is yet to take cognisance of the chargesheet, news agency PTI reported. Jagan, in a post on X, termed the alleged liquor scam as nothing but a manufactured narrative, created purely for media theatrics and to divert attention from real issues. According to the YSRCP chief, the entire case is built on statements extracted under pressure, threats, third-degree torture, and through bribes and inducements. Meanwhile, the chargesheet claims, 'The collected amounts were eventually handed over to Kesireddy Rajasekhar Reddy(A-1)". 'Rajasekhar Reddy would then pass the money to Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33), who would transfer it to former Chief Minister Y S Jagan Mohan Reddy. On average, Rs 50-60 crore was collected every month (during the 2019-24 YSRCP regime)," the charge sheet said, adding that it was corroborated by a witness. The chargesheet alleged that Rajasekhar Reddy, 'the mastermind and co-conspirator" behind the entire Rs 3,500 crore liquor scam, had influenced excise policy manipulation besides being instrumental in replacing automated OFS (order for supply) with manual process; to have planted loyalists in APSBCL (Andhra Pradesh State Beverages Corporation Limited). He allegedly created shell distilleries and handed over 'kickbacks" to Jagan through another accused, Balaji Govindappa, the chargesheet further alleged. Rajasekhar Reddy routed as much as Rs 250-Rs 300 crore cash for elections on behalf of YSRCP Party in tandem with accused Chevireddy Bhaskar Reddy (former MLA) and was also responsible for laundering funds through over 30 shell firms. The amount was invested to acquire land, gold, and luxury assets in Dubai and Africa, the charge sheet alleged. The police alleged that the key accused brought out the new liquor policy during the previous YSRCP regime with an underlying intent of having full control over the supply and sale of liquor, thereby to achieve their broader goal of earning commissions/kickbacks between 2019 and 2024. 'The accused planned the change in excise policy and also its modalities, to ensure that they would receive large kickbacks, a major portion of such kickbacks was received in cash, gold bullion etc," the charge sheet claimed. During the investigation, it was revealed that the accused deliberately withheld OFS approvals to brands/distilleries who did not yield to the kickback demands. The Special Investigation Team (SIT) probing the alleged liquor scam has arrested YSRCP Lok Sabha member PV Midhun Reddy on Saturday, after grilling him for several hours. The Enforcement Directorate also filed a money laundering case in May to investigate the alleged liquor scam. The federal probe agency has filed an Enforcement Case Information Report (ECIR) under sections of the Prevention of Money Laundering Act (PMLA) to probe alleged irregularities in the sale of liquor in the state. From the investigation done so far, it was revealed that during the second half of 2019, a meeting of the owners of the distilleries was held by Sajjala Sridhar Reddy (A-6) at Hotel Park Hyatt, Hyderabad, the charge sheet claimed. The distilleries were told to co-operate with the syndicate, it added. 'During the meeting, the owners were intimidated that if they did not accede to their proposals and no orders would be issued to them. Such intimidation for kickbacks by threatening them with no issuances of OFS and thereby receiving kickbacks amounts to extortion," the chargesheet alleged. Under the threat of loss of business, several distilleries agreed to pay kickbacks at the rate of 12 per cent. Soon, the percentage was increased to 20 per cent of the base price, it further alleged. Slamming the government for the charge sheet, in a post on 'X', the YSRCP Chief Jagan Mohan Reddy said that Chief Minister N Chandrababu Naidu himself is on bail for a case on issues about liquor policy during 2014 – 19, which is irrefutable evidence as to why he is stooping so low. 'The fact that he wants to nullify his case for acts during 2014-19 and also justify his policy now for 2024- 29, he is finding fault with the policy formulated by the YSRCP Government," he charged. top videos View all YSRCP leaders of a liquor scam, the current TDP-led coalition is reviving the very corrupt liquor practices that the previous YSRCP government had dismantled, Jagan hit out. (With inputs from PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
NDTV
20-07-2025
- Politics
- NDTV
Andhra Pradesh Liquor Scam: Chargesheet Mentions Jagan Reddy As Kickback Recipient
Amaravati: A chargesheet filed by Andhra Pradesh police in connection with the Rs 3,500 crore alleged liquor scam in a local court has mentioned former chief minister YS Jagan Mohan Reddy as one of the recipients of the kickbacks averaging Rs 50-60 crore per month. The 305-page chargesheet filed on Saturday, however, stopped short of naming Jagan as accused. The court is yet to take the cognizance of the chargesheet. In a post on X, Jagan termed the alleged liquor scam as nothing but a manufactured narrative, created purely for media theatrics and to divert attention from real issues. According to the YSRCP chief the entire case is built on statements extracted under pressure, threats, third-degree torture, and through bribes and inducements. Meanwhile, the chargesheet claims, "The collected amounts were eventually handed over to Kesireddy Rajasekhar Reddy(A-1)". "Rajasekhar Reddy would then pass the money to Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33) who would transfer it to former Chief Minister Y S Jagan Mohan Reddy. On an average, Rs 50-60 crore was collected every month (during the 2019-24 YSRCP regime)," the charge sheet said, adding that it was corroborated by a witness. The chargesheet alleged that Rajasekhar Reddy, "the mastermind and co-conspirator" behind the entire Rs 3,500 crore liquor scam, had influenced excise policy manipulation besides being instrumental in replacing automated OFS (order for supply) with manual process; to have planted loyalists in APSBCL (Andhra Pradesh State Beverages Corporation Limited). He allegedly created shell distilleries and handed over "kickbacks" to Jagan through another accused Balaji Govindappa, the chargesheet further alleged. Rajasekhar Reddy routed as much as Rs 250-Rs 300 crore cash for elections on behalf of YSRCP Party in tandem with accused Chevireddy Bhaskar Reddy (former MLA) and was also responsible for laundering funds through over 30 shell firms. The amount was invested to acquire land, gold, luxury assets in Dubai and Africa, the charge sheet alleged. The police alleged that the key accused brought out the new liquor policy during the previous YSRCP regime with an underlying intent of having full control over the supply and sale of liquor, thereby to achieve their broader goal of earning commissions/kickbacks between 2019 till 2024. "The accused planned the change in excise policy and also its modalities, to ensure that they would receive large kickbacks, major portion of such kickbacks was received in cash, gold bullion etc," the charge sheet claimed. During investigation it was revealed that the accused deliberately withheld OFS approvals to brands/distilleries who did not yield to the kickback demands. The Special Investigation Team (SIT) probing the alleged liquor scam has arrested YSRCP Lok Sabha member PV Midhun Reddy on Saturday, after grilling him for several hours. In May, the Enforcement Directorate also filed a money laundering case to investigate the alleged liquor scam. The federal probe agency has filed an Enforcement Case Information Report (ECIR) under sections of the Prevention of Money Laundering Act (PMLA) to probe alleged irregularities in the sale of liquor in the state. From the investigation done so far, it was revealed that during the second half of 2019, a meeting of the owners of the distilleries was held by Sajjala Sridhar Reddy (A- 6) at Hotel Park Hyatt, Hyderabad, the charge sheet claimed. The distilleries were told to co-operate with the syndicate, it added. "During the meeting, the owners were intimidated that if they do not accede to their proposals and no orders will be issued to them. Such intimidation for kickbacks by threatening them with no issuances of OFS and thereby receiving kickbacks amounts to extortion," the chargesheet alleged. Under the threat of loss of business, several distilleries agreed to pay kickbacks at the rate of 12 per cent. Soon, the percentage was increased to 20 per cent of the base price, it further alleged. Slamming the government for the charge sheet, in a post on 'X' the YSRCP Chief Jagan Mohan Reddy said that Chief Minister N Chandrababu Naidu himself is on bail with respect to a case on issues pertaining to liquor policy during 2014 - 19, is an irrefutable evidence as to why he is stooping so low. "The fact that he wants to nullify his case for acts during 2014-19 and also justify his policy now for 2024- 29, he is finding fault with the policy formulated by the YSRCP Government," he charged. By falsely accusing YSRCP leaders of a liquor scam, the current TDP-led coalition is reviving the very corrupt liquor practices that the previous YSRCP government had dismantled, Jagan hit out.
Time of India
20-07-2025
- Business
- Time of India
Andhra liquor scam: Chargesheet reveals Jagan Mohan Reddy's role; YSRCP MP Midhun Reddy arrested
Former Andhra Pradesh chief minister YS Jagan Mohan Reddy, left, and YSRCP MP PV Midhun Reddy NEW DELHI: Former Andhra Pradesh chief minister YS Jagan Mohan Reddy has been named as a recipient of alleged kickbacks in a Rs 3,500 crore liquor scam, according to a chargesheet filed by the state police. The 305-page document, submitted to a local court on Saturday, claims Jagan received a share of Rs 50–60 crore every month during the 2019–2024 YSR Congress Party (YSRCP) regime. However, the chargesheet stops short of naming him as an accused. The court is yet to take cognizance of the chargesheet. "The collected amounts were eventually handed over to Kesireddy Rajasekhar Reddy(A-1). Rajasekhar Reddy would then pass the money to Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33) who would transfer it to former Chief Minister Y S Jagan Mohan Reddy. On an average, Rs 50-60 crore was collected every month (during the 2019-24 YSRCP regime)," the charge sheet said, as quoted by PTI. A key witness has reportedly corroborated these transactions. The report labels Rajasekhar Reddy as the "mastermind and co-conspirator" behind the liquor scam, alleging he manipulated the excise policy, replaced automated Order for Supply (OFS) systems with manual processes, and appointed loyalists in APSBCL (Andhra Pradesh State Beverages Corporation Limited). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Genius Portable Cooler Keeps Your Home Cool & Saves You Money AiraBreeze Learn More Undo The chargesheet states that Rs 250–300 crore was routed in cash for election expenses of the YSRCP, coordinated by Rajasekhar Reddy and ex-MLA Chevireddy Bhaskar Reddy. The laundered money was allegedly invested in land, gold, and luxury assets in Dubai and Africa, via over 30 shell companies. "The accused planned the change in excise policy and also its modalities, to ensure that they would receive large kickbacks, majority portion of such kickbacks was received in cash, gold bullion etc," said the document. A key meeting with distillery owners was allegedly held at Hyderabad's Park Hyatt Hotel in late 2019. Organised by Sajjala Sridhar Reddy (A-6), the owners were reportedly threatened to cooperate with the manual OFS process and pay kickbacks of 12–20% or face order denials. "During the meeting, the owners were intimidated that if they do not accede to their proposals and no orders will be issued to them. Such intimidation for kickbacks by threatening them with no issuances of OFS and thereby receiving kickbacks amounts to extortion," the chargesheet quoted by PTI added. On Saturday, YSRCP MP PV Midhun Reddy was arrested by the special investigation team (SIT) after hours of questioning in connection with the scam. Earlier in May, the enforcement directorate (ED) registered a money laundering case under the Prevention of Money Laundering Act (PMLA) and filed an Enforcement Case Information Report (ECIR) to probe the alleged financial crimes. Reacting to Midhun Reddy's arrest, several YSRCP leaders including Botcha Satyanarayana, Perni Venkatramaiah (Nani), Ambati Rambabu, Merugu Nagarjuna, and G Srikanth Reddy issued a joint statement calling it a clear case of 'political vendetta" by the Chandrababu Naidu-led TDP government.
New Indian Express
20-07-2025
- New Indian Express
Andhra liquor scam: Chargesheet mentions former CM Jagan as kickback recipient, not named as accused
AMARAVATI: A chargesheet filed by Andhra Pradesh police in connection with Rs 3,500 crore alleged liquor scam in a local court has mentioned former chief minister YS Jagan Mohan Reddy as the recipient of kickbacks averaging Rs 50-60 crore per month. The 305-page chargesheet filed on Saturday, however, stopped short of naming Jagan as accused. The court is yet to take the cognizance of the chargesheet. "The collected amounts were eventually handed over to Kesireddy Rajasekhar Reddy(A-1). Rajasekhar Reddy would then pass the money to Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33) who would transfer it to former Chief Minister Y S Jagan Mohan Reddy. On an average, Rs 50-60 crore was collected every month," charge sheet said, adding that it was corroborated by a witness. The chargesheet alleged that Rajasekhar Reddy, "the mastermind and co-conspirator" behind the entire Rs 3,500 crore liquor scam, had influenced excise policy manipulation besides being instrumental in replacing automated OFS (order for supply) with manual process; to have planted loyalists in APSBCL (Andhra Pradesh State Beverages Corporation Limited). He allegedly created shell distilleries and handed over "kickbacks" to Jagan through another accused Balaji Govindappa, the chargesheet further alleged.
Time of India
20-07-2025
- Business
- Time of India
Andhra liquor scam: Chargesheet mentions Ex-CM Jagan as kickback recipient, not named as accused
A chargesheet filed by Andhra Pradesh police in connection with Rs 3,500 crore alleged liquor scam in a local court has mentioned former chief minister YS Jagan Mohan Reddy as the recipient of kickbacks averaging Rs 50-60 crore per month. The 305-page chargesheet filed on Saturday, however, stopped short of naming Jagan accused. Explore courses from Top Institutes in Select a Course Category Digital Marketing others Product Management Data Science Healthcare Finance Technology Public Policy Leadership MBA Data Analytics PGDM MCA CXO Management Operations Management Project Management Artificial Intelligence Degree Design Thinking Cybersecurity Others healthcare Data Science Skills you'll gain: Digital Marketing Strategy Search Engine Optimization (SEO) & Content Marketing Social Media Marketing & Advertising Data Analytics & Measurement Duration: 24 Weeks Indian School of Business Professional Certificate Programme in Digital Marketing Starts on Jun 26, 2024 Get Details Skills you'll gain: Digital Marketing Strategies Customer Journey Mapping Paid Advertising Campaign Management Emerging Technologies in Digital Marketing Duration: 12 Weeks Indian School of Business Digital Marketing and Analytics Starts on May 14, 2024 Get Details The court is yet to take the cognizance of the chargesheet. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 21st Century Skills Start with Confident Communication Planet Spark Learn More Undo "The collected amounts were eventually handed over to Kesireddy Rajasekhar Reddy(A-1). Rajasekhar Reddy would then pass the money to Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33) who would transfer it to former Chief Minister Y S Jagan Mohan Reddy. On an average, Rs 50-60 crore was collected every month," charge sheet said adding that it was corroborated by a witness. The chargesheet alleged that Rajasekhar Reddy, "the mastermind and co-conspirator" behind the entire Rs 3,500 crore liquor scam, had influenced excise policy manipulation besides being instrumental in replacing automated OFS (order for supply) with manual process; to have planted loyalists in APSBCL (Andhra Pradesh State Beverages Corporation Limited). He allegedly created shell distilleries and handed over "kickbacks" to Jagan through another accused Balaji Govindappa, the chargesheet further alleged. Live Events Rajasekhar Reddy routed as much as Rs 250-Rs 300 crore cash for elections on behalf of YSRCP Party in tandem with accused Chevireddy Bhaskar Reddy (former MLA) and was also responsible for laundering funds through over 30 shell firms. The amount was invested to acquire land, gold, luxury assets in Dubai and Africa. The police alleged that the key accused brought out the new liquor during the previous YSRCP regime with an underlying intent of having full control over the supply and sale of liquor, thereby to achieve their broader goal of earning commissions / kickbacks between 2019 till 2024. "The Accused planned the change in excise policy and also its modalities, to ensure that they would receive large kickbacks, majority portion of such kickbacks was received in cash, gold bullion etc," the charge sheet said. During investigation it was revealed that the accused deliberately withheld OFS approvals to brands/distilleries who did not yield to the kickback demands. The Special Investigation Team ( SIT ) probing the alleged liquor scam on Saturday arrested YSRCP Lok Sabha member PV Midhun Reddy in the case after grilling him for several hours. In May, the Enforcement Directorate also filed a money laundering case to investigate the alleged liquor scam. The federal probe agency has filed an Enforcement Case Information Report (ECIR) under sections of the Prevention of Money Laundering Act (PMLA) to probe alleged irregularities in the sale of liquor in the state. A string of YSRCP leaders condemned the arrest of Midhun Reddy, calling it a clear case of ' political vendetta ' by Chief Minister N Chandrababu Naidu. In a YSRCP press release, former ministers Botcha Satyanarayana , Perni Venkatramaiah (Nani), Ambati Rambabu, Merugu Nagarjuna, and party general secretary G Srikanth Reddy had expressed serious concerns over the alleged misuse of power to target opposition leaders.
