A special investigation team (SIT) searched Hyderabad properties of the accused arrested in alleged fraud of liqueur. The SIT that investigates fraud with Multi-CROR has so far arrested 12 accused.
On Saturday evening, several police teams searched offices, industrial units and other real estate accused in Hyderabad. The investigators confiscated documents and other technical evidence regarding the offense.
“There was a search for the characteristics of Kessireddy RajashEkar Reddy, Buneti Chanikya and Balaji Govindappa, who were in judicial custody,” said a Hindu officer on Sunday.
It was argued that the accused framed a new liqueur policy during the YSRCP regime, encouraged manual sales, gathered commissions from distillery companies, led poorly raised money into the company, and reportedly caused a loss of approximately 3,500 GBP.
The crime investigation (CID), which recently filed a preliminary fee certificate at ACB Special Court on alcohol fraud, said about 48 people were involved in fraud.
The police said the accused had bought villas, luxury cars, land, jewelry and transferred money to Shell and Banami.
“The roles of some other AP State Beverages Corporation Limited (APBCL), excise taxes, income and other officers of the department are being examined,” the police said.
On condition of anonymity, the head of the police official stated that they are questioned by public representatives and bureaucrats in connection with the case.
Published – 27th July 2025 20:28
