ED Arrests Prime Accused Raj Kesireddy In Hyderabad

Enforcement Directorate (ED) detective arrested prime accused Raj Kesireddy from his residence in Hyderabad’s Nanakramguda for his alleged involvement in the Rs 3,200-crore AP Liquor scam.

ED sleuths conducted raids in connection with the multi-crore scam and searched the homes of Kesireddy and six other accused since this morning. Raids are ongoing on the homes and offices of AP Beverages former MD Vasudeva Reddy and her relative Narasimha Reddy.

The ED found that thousands of crores were defrauded through hawala and money laundering during the scam. Former minister Karumuri Nageswara Rao’s house and office were also raided.

After preliminary investigation into the fraud during the YSRC regime, the ED sleuths registered the charges first under the PMLA and then under the Enforcement Case Information Report (ECIR) and began the investigation.

More than 33 people were identified as defendants in the case.

The accused include Raj Kesireddy, YSRC MP Peddireddy Midhun Reddy, former YSRC leader Vijayasai Reddy, retired IAS officer Dhanunjaya Reddy, who worked as CMO secretary, OSD Krishnamohan Reddy of former CM YS Jana Mohan Reddy, Full-time director of Bharati Cements Govindappa Balaji, former MD of APSBCL D. Vasudeva Reddy, special officer Satya Reddy, Sajjala Sridhar Reddy, former director of YSRC Agro Industries, Kesireddy’s relative Muppidi Avinash REddy and their followers Buneti Chanakya, T. Kiran Kumar Reddy, Saif Ahmed and the management of several shell companies through which money was diverted to foreign countries.