The scam came to light after the change of government in Andhra Pradesh, prompting the ED probe.
Former YSRC leader V. Vijay Sai Reddy is likely to appear before Enforcement Directorate (ED) officials in Hyderabad on Thursday for questioning in connection with the Rs 3,500 crore Andhra Pradesh liquor scam. (Facebook)
Hyderabad: Former YSRC leader V. Vijay Sai Reddy is likely to appear before Enforcement Directorate (ED) officials in Hyderabad on Thursday for questioning in connection with the Rs 3,500 crore Andhra Pradesh liquor scam.
A few days ago, the Hyderabad unit of the ED served a notice summoning him under the Prevention of Money Laundering Act (PMLA), seeking further information in the case.
Investigators allege that during the YSRCP’s tenure in Andhra Pradesh, funds amounting to Rs 3,500 crore were diverted through collections from liquor suppliers. Vijay Sai Reddy is believed to have played a key role during that period.
The scam came to light after the change of government in Andhra Pradesh, prompting the ED probe.
( Source : Deccan Chronicle )
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