The Special Investigation Team (SIT) probing the alleged multi-thousand-crore liquor scam during the previous YSRCP regime has reportedly identified additional assets linked to key accused Raj Kesireddy, which investigators believe were acquired using proceeds from illegal kickbacks.
According to a government order issued by home secretary Kumar Vishwajeet, the SIT has traced properties worth Rs 70.36 crore in Jangaon and Shabad areas of Telangana, allegedly purchased in the names of Kesireddy’s parents.
The documentary value of the lands was shown as Rs 2.69 crore.
Investigators have concluded that while the actual market value of the properties was several times higher, the registered value was drastically under-reported, with the remaining amount allegedly paid in cash.
The SIT has now initiated steps to attach the properties as part of its ongoing investigation into the alleged liquor policy irregularities and money trail.
As per the investigation, 17.60 acres of land in Shabad was purchased on May 10, 2024, in the name of Raj Kesireddy’s mother, Kesireddy Subhashini.
The SIT has estimated the land’s market value at around Rs 70 crore, while the registered value was shown as only Rs 2.69 crore.
In another set of transactions, assets were allegedly acquired in the name of Kesireddy’s father, Kesireddy Upendra Reddy, in Jangaon.
These include a 265-square-yard plot purchased on June 13, 2022, and three more plots measuring 764.64 square yards bought on June 27, 2022.
Investigators said the actual value of these Jangaon properties was around Rs 36.03 lakh, but the registration value was shown as only Rs 15.45 lakh.
To enable the formal attachment of the newly identified assets, the Andhra Pradesh government has granted permission to the SIT to move the ACB Court in Vijayawada.
In this regard, Home Department Principal Secretary Kumar Vishwajit issued formal orders, authorising the SIT to proceed with legal steps for seizure of the properties.
Officials believe these assets form part of a broader network of investments allegedly made using illicit funds generated through the liquor scam.
Investigating agencies have already moved against several assets linked to Raj Kesireddy and his family.
Officials said properties worth hundreds of crores of rupees connected to the accused have already been attached by both the SIT and the Enforcement Directorate (ED).
With more properties now surfacing during the probe, officials are expected to intensify efforts to trace, freeze and attach additional assets suspected to have been acquired through benami transactions and unaccounted cash payments.
