President of the party YSR Congress and former Chief Minister Andhra Pradesh Yagan Mohan Reddy has not been named as accused £3 500 crore alleged case of alcohol fraud.
Instead he was appointed one of the “recipients of the return shock” and received the average £50-60 Crore per month in a 305-sided accusation submitted by the police Andhra Pradesh on Saturday.
According to the PTI report, the indictment was filed at the local court of Amaravati, who is yet to be aware.
In the X, Jagan post, Jagan identified alleged alcohol fraud as nothing but the narration produced, created purely for media theaters and divert attention from real problems.
According to Chief YSRCP, the whole case is based on statements extracted under pressure, threats, third degree torture and bribes and stimuli. Meanwhile, the indictment claims: “The collected amount was eventually handed over to Kesireddy Rajasekhar Reddy (A-1)”.
What the indictment says
The indictment explained how the money was handed over from one person to another, mentioning how the former cm received “backward commissions”. “Rajasekhar Reddy would then give money Vijay Sai Reddy (A-5), Mithun Reddy (A-4), Balaji (A-33), who would transfer them to former main Minister Jagan Mohan Reddy. On average, average, diameter, average, diameter, on average. £50-60 Crore was collected every month (during YSRCP 2019-24 mode), ”he said, adding that he was confirmed by witness.
Also read | Case of alcohol fraud: YSRCP MP MIDHUN REDDY GRilled Sit, arrested, arrested
According to the indictment Rajasekhar Reddy, who was mentioned as “MasterMind and conspirator” for a total £3,500 alcohol frauds “, affected the handling of excise duty taxes in addition to helping to replace the automated of (Order for Supply) manual process; planted loyalists in APSBCL (Andhra Pradesh State Bevarages Corporations Limited).
Rajasekhar allegedly created Shell distillery and handed over the “commission” to Jagan to another accused Balaja GovindAppa. He moved up to £250- £300 Crore cash on the election called YSRCP in Tandem with the accused Chevireddy Bhaskar Reddy (former MLA) and was also responsible for washing funds through more than 30 companies, claimed.
What happened to the cash?
The amount was invested in obtaining land, gold, luxury assets in Dubai and Africa, allegedly a fee certificate. The police argued that the key accused brought a new liqueur policy during the previous YSRCP regime with a basic intention full of control over the supply and sale of alcohol, thus achieving their wider goal to earn commissions/commissions between 2019 to 2024.
“The accused planned to change in policy consumer materials, as well as its ways to ensure that he received large commissions, the main part of such backups was received in cash, Golden Bullion, etc.,” he said.
According to the PTI report, the investigation also revealed that the accusations intentionally detained the approval of brands/distillers that did not provide backward requirements.
Member of YSRCP Lok Sabha PV Midhun Reddy was arrested on Saturday by a special investigation team (SIT), who probed the case after being grilled for several hours.
In May, the Directorate for enforcement also filed a case of money laundering to explore alcoholic scam.
(Tagstotranslate) YSR Congress Party (T) Ys Jagan Mohan Reddy (T)
