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yesterday

Andhra SIT Alleges Rs 3,200 Crore Liquor Scam Linked to Jagan Reddy's Excise Policy

A remand report claims the former Andhra CM approved an excise policy to fund welfare programs and party coffers, while the YSRCP dismisses the allegations as politically motivated.

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Overview

  • The Special Investigation Team (SIT) alleges a Rs 3,200 crore liquor kickback scheme operated between 2019 and 2024 under the YSRCP government.
  • Former Chief Minister YS Jagan Mohan Reddy is accused of endorsing an excise policy aimed at generating state revenue and party funds through kickbacks.
  • The scheme reportedly involved sidelining certain liquor brands while promoting 'blue-eyed brands' and routing kickbacks through hawala networks using fake GST invoices and VPNs.
  • Prime accused Kasireddy Raja Sekhar Reddy allegedly confessed to spearheading the scheme but refused to sign his statement; other senior YSRCP figures are also implicated.
  • The YSRCP strongly denies the allegations, calling the SIT report fabricated and politically motivated, and claims no credible evidence has been presented.