The Big Boss in the liquor scam worth thousands of crores during the YSRCP regime has been revealed. The SIT investigation has revealed that the ‘Big Boss’ was behind the liquor scam, worth thousands of crores and the ultimate beneficiary was the then chief minister YS Jaganmohan Reddy.
It has been found that Raj Kasireddy used to collect bribes of Rs. 50 to Rs. 60 crore every month from liquor supply companies and distilleries and transfer all that money to Jagan. It has been also revealed that bribes worth Rs. 3200 crore were collected between 2019-24.
The SIT, which is putting each and every one of the Jagan gang behind bars in the liquor scam case that took place between 2014-19, is revealing their role through remand reports. In this case, the key points were mentioned in the remand report submitted to the court during the arrest of Buneti Chanakya alias Prakash, who played a key role in the bribery network as a representative of the key accused Raj Kasireddy.
The SIT has concluded that bribes of 20 percent were taken on the base price of liquor. Sajjala Sridhar Reddy, owner of SPY Agro Industries, who is A6 in this case, held a meeting with distillery owners in Hyderabad in 2019. He threatened that liquor supply orders would be given only to companies that paid bribes or else they would suffer losses.
Although representatives of several distilleries initially agreed to pay 12 percent bribes on the base price, the amount was increased to 20 percent within a few days, the SIT said. On that basis, the companies that secured liquor supply orders used to hand over an average of Rs. 50 to Rs. 60 crore in bribes to Raj Kasireddy’s group every month.
Kasireddy used to transfer the entire amount to Jagan through MP Mithun Reddy, Vijayasai Reddy, Jaganmohan Reddy’s brother YS Anil Reddy, and Govindappa Balaji, the full-time director of Bharathi Cements, who looks after Jagan’s wife Bharathi’s financial affairs.
The SIT said in the remand report of Chanakya alias Prakash that he had given huge supply orders for liquor brands manufactured at SPY Agro Industries in Nandyal. The analysis of the distillery bank transactions revealed that Rs 60 crore was routed between Sunhok Labs, Raj Kasireddy’s benami company Decart Logistics and SPY Agro Industries.
The SIT concluded in Prakash’s remand report that Adaan Distilleries belonged to Raj Kasireddy and Vijayasai Reddy. It has been identified that Kasichayanu Srinivas, who are directors of Adaan Distilleries, is the representative of Vijayasai Reddy, and Muppidi Anirudh Reddy is the representative of Raj Kasichayanu.
Adaan Distilleries was established in 2020 with a working capital of Rs. 60 crore. The working capital money was initially transferred from the accounts of Vijayasai Reddy’s son-in-law Penaka Rohit Reddy and his brother Penaka Sarathchandra Reddy to the account of Kasichayanu Srinivas.