The Enforcement Directorate (ED) has reportedly identified assets worth Rs 95.80 crore linked to Donthireddy Vasudeva Reddy, former managing director of the Andhra Pradesh State Beverages Corporation Limited (APSBCL), who is accused of playing a key role in the alleged multi-thousand-crore liquor scam during the previous YSR Congress party government.
According to preliminary findings by the ED, Vasudeva Reddy amassed the assets between 2021 and 2025 in the names of his wife and relatives.
The bribe money was allegedly routed through companies owned by his brother-in-law Marella Vijaya Narasimha Reddy.
The ED found that liquor companies transferred money to these firms under the guise of marketing and advertising agreements. The companies allegedly received payments without providing any real services.
The funds were later used to purchase properties, which were eventually registered in the name of Vasudeva Reddy’s wife.
Investigators believe additional assets may have been concealed and are continuing their probe to identify their sources.
The ED on Saturday announced attachment of assets worth Rs 461.33 crore belonging to several accused in the liquor scam case. Of this, properties worth Rs 95.80 crore are reportedly linked to Vasudeva Reddy’s relatives.
The agency says its investigation has revealed how the alleged scam proceeds were laundered through multiple layers of financial transactions.
According to the ED, Vasudeva Reddy initially negotiated with distilleries and supply companies, demanding bribes in exchange for liquor supply orders from APSBCL. Investigators say Vasudeva Reddy summoned the company’s cluster manager Mahesh Reddy and allegedly demanded a bribe of Rs 65–Rs 78 per case for supply orders. Once the company agreed, orders were issued.
The ED also alleges that Vasudeva Reddy played a key role in awarding a lucrative liquor transportation contract to Sigma company.
He is accused of collaborating with another scam accused Eeshwar Kiran Kumar Reddy in manipulating the process.
Transport charges were allegedly inflated significantly, causing losses to the state exchequer while enabling the accused to obtain undue financial gains.
