The Enforcement Directorate (E.D ) has seized key records and hard disks during its simultaneous searches in 20 areas in the states of AP, Telangana, Tamil Nadu, Karnataka and Delhi in the multi-crore liquor scam that took place during YS Jaganmohan Reddy’s regime. The searches were conducted in 9 companies, their offices and the residences of directors from 8 am to 10 pm on Thursday.
The ED has initially identified that some companies created fake invoices and made cash transactions worth crores of rupees. In this case, searches were conducted at several places including the Hyderabad Aret Hospital, where the main accused Raj Kasireddy’s wife, Piereddy Divya Reddy, and Teegala Vijender Reddy, one of the owners of UV Distilleries, are directors.
During Jagan’s tenure, the YSRCP gang followed many methods to collect bribes from companies and distilleries that had secured a large number of liquor supply orders against the rules. Hundreds of companies were involved in these irregularities. This gang was involved in massive money laundering.
The ED recently conducted searches to uncover the sources. Inspections were conducted at Aret Institute of Medical Sciences Private Limited, where Raj Kasireddy’s wife and the owners of UV Distillery are directors. The main accused in the liquor scam, Raj Kasireddy’s wife, Piereddy Divya Reddy, and Teegala Vijender Reddy, one of the owners of UV Distilleries, are directors of this company.
Vijender Reddy joined it as directors in June 2021 and Divya Reddy in June 2022. It is alleged that some of the money looted through liquor bribes was invested in it.
The ED also conducted inspections at Shree Jewellers Exim Private Limited near Peddammagudi in Jubilee Hills, Hyderabad, NR Udyog LLP in the industrial estate of Katedan, Suvarnadurga Bottles Private Limited near the Chintalakunta check post,
The India Fruits Private Limited in Alwarpet, Chennai, and Raosaheb Burugu Mahadev Jewellers. It examined all their transactions. It seized their bank account documents.The ED conducted inspections at Mohanlal Jewellers Private Limited in Chennai.
Several supply companies, including Adaan Distilleries, deposited huge amounts of money into the accounts of Mohanlal Jewellers Private Limited in Chennai to pay bribes in cash to the YSRCP liquor gang.
The management of the jewelry would deduct some commission and hand over the remaining amount in cash to the representatives of those distilleries. They would give that amount as bribes to the YSRCP gang.