While, the Enforcement Directorate (ED) has been probing into involvement of high-tasked persons in AP liquor scam, the SIT officials on Friday conducted searches at the offices and residences of companies related to YS Anil Reddy (second son of Jagan’s grandfather YS George Reddy), brother of former Chief Minister YS Jaganmohan Reddy.
The SIT officials, who suspect that these companies were used to transfer liquor bribe money abroad, conducted these searches to collect more evidence. The searches were conducted at the offices of Anil Reddy’s companies in Mylapore, Tnagar, Perangudi, Aruppukottai in Chennai, Kondapur in Hyderabad, and Anil Reddy’s residences in Alwarpet and Injambakkam in Chennai.
As part of the searches, the SIT officials seized key documents and hard disks. The searches, which began simultaneously at 3 pm on Friday at a total of 10 places, continued till 10.30 pm. As the names of Jagan’s closest associates and those who handled financial matters on his behalf are coming to light one by one, the investigation is likely to take a crucial turn.
The SIT suspects that these companies were set up to divert money from liquor donations. Why were these companies set up? What activities did they carry out? How many transactions did they make during the YSRCP regime? Where did the money in their bank accounts come from? It is collecting their income tax details. It was revealed that YS Anil Reddy has recently stepped down as a director from several companies.
The SIT officials are reportedly investigating the reasons for Anil Reddy’s stepping down as a director. Anil Reddy is not only Jagan’s cousin brother but also his closest associate. He lives in Chennai and handles various financial matters on Jagan’s behalf. He used to run a liquor business in Africa in the past.
There are allegations that Anil Reddy ran a sand scam in the sand scam that took place during the YSRCP regime, using JCKC and Pratima companies as a front. There are complaints that large-scale surveys were conducted on behalf of the YSRCP for the last general elections and cash was given to candidates. The SIT suspects that it was money from liquor bribes. These searches were conducted to uncover all this.