Andhra's Rs 3,500-crore 'liquor scam': Former APSBCL MD taken into custody
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Former APSBCL MD Arrested in Andhra's Rs 3,500-Crore 'Liquor Scam'
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News18•21-02-2026, 22:00
Former APSBCL MD Arrested in Andhra's Rs 3,500-Crore 'Liquor Scam'
•Former APSBCL MD D Vasudeva Reddy arrested by Andhra Pradesh SIT in alleged Rs 3,500 crore liquor scam.
•Reddy is the second accused, facing charges for irregularities in excise policy during the YSRCP regime (2019-2024).
•Police allege Reddy, an IRTS officer, was involved in planning, execution, and receiving pecuniary benefits from crime proceeds.
•SIT claims the crime involves multi-layered fund transfers from APSBCL under Reddy's control to distilleries, suppliers, hawala units, and shell companies.
•Arrest made under IPC sections for criminal breach of trust, cheating, and Prevention of Corruption Act, 1988.
