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Home Government Andhra Pradesh

CB-CID Launches Investigation into Jagan’s Liquor Scam

Rajeshwari R by Rajeshwari R
July 24, 2024
in Andhra Pradesh, Politics
Reading Time: 2 mins read
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CB-CID Launches Investigation into Jagan's Liquor Scam

CB-CID Launches Investigation into Jagan's Liquor Scam

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Andhra Pradesh Liquor Scam Under Investigation: Chandrababu Naidu Orders CB-CID Probe

The contentious liquor policy implemented during the previous YCP government in Andhra Pradesh has sparked a fresh wave of controversy as Chief Minister Chandrababu Naidu has announced a thorough investigation into what is being termed as the AP liquor scam.

Addressing the assembly today, Naidu confirmed that the Criminal Investigation Department (CID) will conduct a probe into the transactional records related to the liquor policy during the YCP’s tenure. He further hinted at the possible involvement of the Enforcement Directorate (ED) due to the substantial sums of money allegedly mismanaged.

The chief minister attributed the root cause of the financial irregularity to the YCP’s cash-only policy at liquor outlets, which he claimed facilitated extensive financial misconduct. Naidu expressed suspicion that the scam could involve transactions amounting to thousands of crores of rupees.

Deputy Chief Minister Pawan Kalyan estimated that the scam could exceed Rs 18,000 crores, underscoring the magnitude of the alleged financial malfeasance.

Reports indicate that out of over Rs 5 lakh crore in liquor sales over the past five years in Andhra Pradesh, a mere Rs 615 crore were conducted through digital payments, highlighting the prevalence of cash transactions that allegedly benefitted several YCP leaders.

The unfolding investigation promises to shed light on the intricate details of the liquor policy’s implementation and its financial ramifications. Stay tuned as developments continue to unfold in this high-profile probe.

Tags: CB-CIDLiquor ScamTOPYS Jagan Mohan Reddy

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