P Krishna Mohan Reddy, a hardcore loyalist of YSR Congress party president Y S Jagan Mohan Reddy and was officer-on-special duty in the chief minister’s office when the latter was the chief minister of Andhra Pradesh between 2019 and 2024, looks a very ordinary man with simple looks and shabby clothes.
But the ongoing investigation by the Special Investigation Team (SIT) into the multi-thousand-crore liquor scam that allegedly occurred during the previous YSRCP regime, has disclosed that Krishna Mohan Reddy had amassed huge wealth and bought benami properties in this period.
While ordinary YSRCP workers suffered, this gentleman reportedly acquired massive properties in Telangana and Andhra.
According to the SIT findings, Krishna Mohan Reddy allegedly used proceeds from liquor kickbacks to purchase extensive real-estate assets in Telangana under the name of his daughter-in-law Snigdha Reddy.
On Saturday, the SIT officials visited the Banswada Sub-Registrar Office in Kamareddy district to collect registration documents for properties supposedly bought with unaccounted cash.
SIT sources revealed that three plots measuring 1,247.36 square yards in Survey Nos. 699/1 and 699/2 in Banswada were purchased in 2022. Each plot was reportedly bought for Rs 17 lakh, totalling Rs 51 lakh.
The amount was paid entirely in cash—an act that violates Section 269SG of the Income Tax Act. Investigators concluded that the funds used were diverted liquor kickbacks.
Officials obtained registration documents and other relevant records as part of ongoing proceedings to seize these properties.
The SIT findings also indicated that additional properties were purchased under Snigdha Reddy’s name in Maheshwaram, Banswada, and Ramachandrapuram mandals, all allegedly financed through liquor-related corruption. Teams visited these locations as well to gather evidence.
Snigdha Reddy married Krishna Mohan Reddy’s son, Rohit Reddy, in 2021. Her name was reportedly used consistently in property purchases made during the period of alleged corruption.
Critics within the YSRCP allege that liquor scam proceeds fuelled massive real-estate investments, including land purchases near Hyderabad airport in the names of relatives.
They claim that while the former OSD lived publicly as a “simple man,” he secretly accumulated extensive illegal assets.
The SIT is preparing to initiate formal attachment proceedings for all properties identified as linked to illicit funds.
