Imagine a financial scandal so huge it rattles an entire state. We’re talking about an alleged ₹3,500 crore liquor scam that has gripped Andhra Pradesh, sparking a firestorm of political debate. At the center of these shocking claims sits former Chief Minister YS Jagan Mohan Reddy, accused of orchestrating a complex web of corruption and money laundering tied to the state’s liquor policies. This scandal has laid bare deep concerns about governance and public trust.
The ₹3,500 crore liquor scam has sent shockwaves through the political landscape of Andhra Pradesh, with former Chief Minister YS Jagan Mohan Reddy at the center of the controversy. A 305-page chargesheet filed by the Crime Investigation Department (CID) has revealed a complex web of corruption, money laundering, and policy manipulation.
The Chargesheet: A Damning Indictment
The chargesheet, which has been submitted to the court, alleges that Jagan Mohan Reddy received ₹50-60 crore every month from 2019 to 2024 as kickbacks from the liquor scam. The money was allegedly collected and passed through a network of individuals, including Kesireddy Rajashekar Reddy, Vijay Sai Reddy, Mithun Reddy, and Balaji.
The Mastermind Behind the Scam
According to the chargesheet, Rajasekhar Reddy was the mastermind behind the scam. He allegedly manipulated the excise policy, replaced automated systems, created shell distilleries, and handed over kickbacks to Jagan Mohan Reddy. The chargesheet also reveals that over ₹250-₹300 crore was used for elections through 30+ shell firms.
Money Laundering and Luxury Assets
The investigation has also uncovered a complex network of money laundering and luxury asset acquisition. The money was allegedly invested in land, gold, and luxury assets in Dubai and Africa. The use of shell companies and benami transactions was rampant, making it difficult to track the flow of money.
Jagan’s Response: A Denial of Allegations
Jagan Mohan Reddy has denied the allegations, calling the scam a “manufactured narrative” designed to distract from real issues. He claims that the case is based on statements extracted under pressure, threats, and torture.
Investigation and Arrests: A Long Way to Go
The investigation is ongoing, with YSRCP MP PV Midhun Reddy arrested and the Enforcement Directorate (ED) filing a money laundering case under the Prevention of Money Laundering Act (PMLA). The CID is working tirelessly to unravel the complex web of corruption and bring the culprits to justice.
Conclusion
The ₹3,500 crore liquor scam allegations against former Chief Minister YS Jagan Mohan Reddy represent a serious challenge to Andhra Pradesh. These claims involve complex schemes of inflated pricing and alleged money laundering, draining precious state funds. The ongoing probes by agencies like the ED and CBI highlight the critical need for robust checks.
The scale of this alleged financial fraud is staggering. It reminds everyone why transparency and accountability are non-negotiable in governance. Public money must serve the public, not line private pockets. This incident underscores the urgent need for strong systems that prevent such abuses of power. Andhra Pradesh deserves clear answers and a future built on trust.
The Way Forward
The case highlights the need for stricter laws and regulations to prevent corruption and money laundering. The government must take concrete steps to ensure transparency and accountability in governance. The people of Andhra Pradesh must also demand accountability from their leaders and ensure that those who are guilty are brought to justice.