Overview
- Investigators allege distilleries paid average monthly kickbacks of ₹50–60 crore between 2019 and 2024 under the revised excise policy.
- Kesireddy Rajashekar Reddy is identified as the mastermind, accused of dismantling automated order systems and installing loyalists within APSBCL to steer contracts.
- YSRCP MP P.V. Midhun Reddy was arrested after a seven-hour SIT interrogation and remanded to judicial custody until August 1.
- The probe has uncovered a laundering network spanning over 30 shell companies, fake startups, forged invoices and hawala channels.
- YSRCP denounces the case as a political vendetta as investigators prepare a more detailed chargesheet within 20 days.