In a major development in the liquor scam case, the Special Investigation Team (SIT) on Friday and Saturday conducted searches at the residences and offices of companies linked to Y S Anil Reddy, cousin of YSR Congress party president and former chief minister Y S Jagan Mohan Reddy.
According to sources, the SIT suspects these companies were used to route liquor kickback money abroad.
Searches were carried out simultaneously at 10 locations, including Mylapore, T Nagar, Perungudi, and Aruppukottai in Chennai, as well as Kondapur in Hyderabad, and at Anil Reddy’s residences in Alwarpet and Injambakkam in Chennai.
Key documents and hard disks were seized. The raids began around 3 pm on Friday and continued till early hours of Saturday.
The SIT has already established that liquor suppliers and distilleries paid Rs 50–60 crore every month in bribes through Raj Kesireddy, which eventually reached Jagan via Anil Reddy and other intermediaries.
The searches covered Shiloh Industries Pvt Ltd, Fores Impex Pvt Ltd, Shiloh Infra Ventures LLP (founded in January 2020), and Indorax LLP (founded in May 2023). These companies were set up after YSRCP came to power in 2019.
Investigators suspect they were primarily created to launder bribe money. The SIT is now examining why these firms were floated, their transactions during YSRCP’s rule, sources of funds, and their income tax records.
Anil Reddy, son of Jagan’s uncle Y S George Reddy, was also considered his close confidant, reportedly handling financial operations on his behalf.
He earlier ran a liquor business in Africa and is also accused of managing the controversial sand business during YSRCP’s tenure.
Allegations also suggest he distributed cash to YSRCP candidates in the last general elections using liquor scam proceeds. The SIT believes the ongoing probe could unravel the entire money trail.
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