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BIG blow to ex-Andhra Pradesh CM Jagan Mohan Reddy, named in Rs 3500 crore liquor rip-off case, chargesheet says…

BIG blow to ex-Andhra Pradesh CM Jagan Mohan Reddy, named in Rs 3500 crore liquor rip-off case, chargesheet says…



A chargesheet filed by Andhra Pradesh police in reference to the Rs 3,500 crore alleged liquor rip-off in a neighborhood courtroom has talked about former chief minister YS Jagan Mohan Reddy as one of many recipients of the kickbacks averaging Rs 50-60 crore every month. Learn on to know extra particulars.

Former Andhra Pradesh CM Jagan Mohan Reddy.

A chargesheet filed by the Andhra Pradesh Police in reference to a Rs 3,500 crore alleged liquor rip-off in a neighborhood courtroom has talked about former chief minister YS Jagan Mohan Reddy as one of many recipients of the kickbacks averaging Rs 50-60 crore a month. The 305-page chargesheet filed on Saturday, nevertheless, stopped wanting naming Jagan as an accused. The courtroom is but to take the cognizance of the chargesheet. In a publish on X, Jagan Reddy termed the alleged liquor rip-off as nothing however a manufactured narrative, created purely for media theatrics and to divert consideration from actual points.

Jagan Mohan Reddy slams govt

In response to the YSRCP chief, all the case is constructed on statements extracted beneath strain, threats, third-degree torture, and thru bribes and inducements. In the meantime, the chargesheet claims, “The collected quantities have been finally handed over to Kesireddy Rajasekhar Reddy(A-1)”. “Rajasekhar Reddy would then go the cash to Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33) who would switch it to former Chief Minister Y S Jagan Mohan Reddy. On a mean, Rs 50-60 crore was collected each month (throughout the 2019-24 YSRCP regime),” the cost sheet stated, including that it was corroborated by a witness.

What does the chargesheet allege?

The chargesheet alleged that Rajasekhar Reddy, “the mastermind and co-conspirator” behind all the Rs 3,500 crore liquor rip-off, had influenced excise coverage manipulation moreover being instrumental in changing automated OFS (order for provide) with handbook course of; to have planted loyalists in APSBCL (Andhra Pradesh State Drinks Company Restricted). He allegedly created shell distilleries and handed over “kickbacks” to Jagan by one other accused Balaji Govindappa, the chargesheet additional alleged.

Particulars of the police chargesheet

Rajasekhar Reddy routed as a lot as Rs 250-Rs 300 crore money for elections on behalf of YSRCP Social gathering in tandem with accused Chevireddy Bhaskar Reddy (former MLA) and was additionally answerable for laundering funds by over 30 shell companies. The quantity was invested to amass land, gold, luxurious property in Dubai and Africa, the chargesheet alleged. The police alleged that the important thing accused introduced out the brand new liquor coverage throughout the earlier YSRCP regime with an underlying intent of getting full management over the provision and sale of liquor, thereby to attain their broader aim of incomes commissions/kickbacks between 2019 until 2024.

YSRCP chief arrested by police

The Particular Investigation Crew (SIT) probing the alleged liquor rip-off has arrested YSRCP Lok Sabha member PV Midhun Reddy on Saturday, after grilling him for a number of hours. In Might, the Enforcement Directorate additionally filed a cash laundering case to analyze the alleged liquor rip-off. The federal probe company has filed an Enforcement Case Data Report (ECIR) beneath sections of the Prevention of Cash Laundering Act (PMLA) to probe alleged irregularities within the sale of liquor within the state.

(With inputs from information company PTI).

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