The Enforcement Directorate (ED) has launched raids in the 3500cr Liquor Scam Case. They hit 20 locations across Andhra Pradesh, Telangana, Tamil Nadu, Karnataka, and Delhi‑NCR. The goal: uncover shell companies and intermediaries allegedly involved in kickbacks.
What the Raids Revealed About the 3500 Liquor Scam Case:
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Officials targeted firms and individuals accused of bribing their way into liquor supply contracts.
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Raided companies include Arete Institute, Shree Jewellers, N R Udhyog LLP, India Fruits Pvt. Ltd., Venkateshwara Packaging, Suvarna Durga Bottles, Rao Saheb Boorugu Mahadev Jewellers, Ushodaya Enterprises, and Mohan Lal Jewellers.
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Investigators found fake invoices and benami transactions. Funds allegedly moved through shell firms, hawala networks, and disguised deals.
Key Accused
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Rajasekhar Reddy Kesireddy, former IT advisor, and P. V. Midhun Reddy, a YSRCP MP, are in custody.
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The ED has filed an Enforcement Case Information Report (ECIR) under PMLA to trace the money trail.
Financial Scope
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Firms allegedly paid ₹1,677 crore in bribes for contracts worth ₹10,835 crore.
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Most contracts went to 40 of 111 firms.
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Funds were laundered through low-profile employees and invested in land, gold, and luxury assets.
Wider Impact
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Experts warn the case could shake public trust and hurt business credibility.
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Legal challenges are expected as investigators dig deeper.
The 3500cr Liquor Scam Case exposes a complex web of corruption and money laundering. ED raids continue, and more names and firms may surface. Political and business circles remain on high alert.
