ED attaches ₹441-cr assets in Andhra liquor case

An official statement from the central agency said the attached properties belonged to prime accused Kesireddy Rajasekhar Reddy, his family members and related persons; his aide Booneti Chanakya and his family members; former AP State Beverages Corporation Ltd (APSBCL) managing director Donthireddy Vasudeva Reddy and others.

“The attachment was made under the provisions of Prevention of Money Laundering Act (PMLA), 2002 in the liquor scam. The attached properties are in the form of bank balances, fixed deposits, land parcels and other immovable properties,” the ED release said.

It said the agency had initiated investigation on the basis of an FIR registered by Crime Investigation Department of the state police under sections 120-B, 409 & 420 of Indian Penal Code for causing a loss to the government exchequer to the tune of ₹3,500 crore.