₹3,500 Crore Kickbacks and Hawala Deals Alleged in Liquor Scam Charge Sheet

Fast Summary

• A charge sheet filed in court on Monday highlights a liquor scam in Andhra Pradesh during the ruling YSR Congress Party (YSRCP) regime.
• The accused allegedly collected ₹3,500 crore from distillery companies between 2019 and 2024 as kickbacks via a syndicate.
• Former AP Chief Minister Y.S. Jagan Mohan Reddy is named as one of the recipients of these kickbacks, alongside other syndicate members.
• Allegations include coercing distillery companies to pay commissions by suppressing popular liquor brands, promoting new brands favorable to conspirators, and manipulating government retail outlets through manual systems for illegal profit collection.
• Illegal earnings appear to involve complex networks: fund transfers through shell companies abroad,bullion traders,banks with fake accounts,loans disguised as transactions,investments in real estate and luxury items like vehicles and villas.
• The Special Examination Team (SIT) identified APSBCL payments funneling money into hawala networks across Dubai, UAE, delhi, Hyderabad and other areas; further investigation is underway regarding hawala routes.
• Various bureaucrats and public representatives are implicated along with 29 suspects: six fled abroad (UAE), two escaped to Thailand; others remain within India.
• Seized evidence includes ₹8.37 crore at the Garipadu check-post on the AP-Telangana border allegedly transported before the 2024 elections.

Indian Opinion Analysis

This alleged multi-crore liquor scandal underscores troubling vulnerabilities within systems of governance regarding corruption oversight-a challenge not unfamiliar throughout India’s state administrations. The detailed investigation points toward organized exploitation of state-controlled institutions such as APSBCL for personal financial gain under guise of legitimate operations while threatening wider implications for rule-of-law credibility amid accusations against influential figures.

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