6 months ago
1
The Andhra Pradesh Government connected Wednesday authorised the Crime Investigation Department (CID) to question attachment of properties valued astatine much than ₹63 crore, allegedly linked to erstwhile YSRCP MLA Chevireddy Bhaskar Reddy, his sons Chevireddy Mohith Reddy and Chevireddy Harshith Reddy, his spouse, and their associated companies, successful transportation with the APSBCL liquor scam, which allegedly took spot betwixt 2019 and 2024.
The orders were issued done G.O. 159 pursuing a elaborate study submitted by the Director-General of Police.
The determination follows the findings by the CID SIT that constituent to large-scale irregularities successful the State’s excise argumentation during the erstwhile regime.
As per the DGP’s report, the CID Special Investigation Team probing the alleged scam (Crime No. 21/2024) uncovered large-scale irregularities successful the execution of the State’s excise argumentation during the erstwhile administration.
The SIT reportedly recovered that officials had manually issued OFS slips to favour definite liquor brands, allowed abnormal terms increases, facilitated the outgo of commissions and kickbacks, and made decisions that allegedly resulted successful undue pecuniary benefits to backstage individuals and companies.
Investigators identified important existent property assets allegedly acquired by Mr. Chevireddy Bhaskar Reddy (A-38), Mr. Mohith Reddy (A-39) and Mr. Harshith Reddy, his spouse, and their companies Kalyana Venkateswara Swamy Infra Pvt. Ltd. and CMR Infra Pvt. Ltd.
The unfastened marketplace worth of these properties was estimated astatine ₹63.72 crore, portion the registered worth declared earlier the sub-registrar offices was lone ₹8.85 crore, indicating that implicit ₹54.87 crore was allegedly paid successful unaccounted cash. Witness statements and marketplace valuations reportedly enactment this discrepancy.
The probe besides brought to airy a important onshore transaction involving 263.28 acres astatine Vendodu, allegedly routed done KVS Infra to Aurobindo Pharma. Investigators accidental the woody was utilized to person achromatic wealth into achromatic by inflating onshore prices, generating ₹13.3 crore of achromatic wealth for KVS Infra alone. The funds were allegedly reinvested successful high-value lands crossed Tirupati, Chittoor and neighbouring districts, it was alleged.
The authorities present authorised the Additional Superintendent of Police, CID, Mangalagiri, to record an exertion earlier the Special Court for SPE & ACB Cases, Vijayawada, seeking attachment of the identified properties nether Section 18A of the Prevention of Corruption Act, 1988, and Sections 3 and 4 of the Criminal Law Amendment Ordinance, 1944.
The attachment would stay successful unit until the competent tribunal takes cognisance of the scheduled offences. The DGP was directed to proceed further arsenic per ineligible procedure. A elaborate database of the attached properties, covering cultivation lands, unfastened plots and residential layouts successful Tirupati Rural, Thottambedu, Vadamalapeta, Renigunta, KVB Puram and different areas, had been appended to the G.O.
