The highly controversial and debated liquor policy enforced by the previous Jagan government has come back to haunt the YCP now. In breaking news, the Chief Minister of Andhra Pradesh, Chandrababu Naidu, has announced a probe into the AP liquor scam through CB-CID.
Naidu confirmed in the assembly today that the CID will investigate the transactional records regarding the liquor scam that was in effect during the YCP’s tenure.
Not stopping there, Chandrababu Naidu went on to reveal that even the Enforcement Directorate (ED) might be called into action, considering the enormous amounts of money involved in the scam.
Naidu stated that the much-debated cash-only policy at the liquor outlets, as opposed to conventional digital payments, is the root cause of this extreme financial irregularity. He suspected that thousands of crores in cash changed hands through this liquor policy imposed by the YCP.
According to a conservative estimate, Deputy CM Pawan Kalyan pointed out that at least Rs 18,000 crores were scammed through the liquor policy.
It was noted that over Rs 5 lakh crore in liquor sales were conducted in AP in the last five years, out of which only Rs 615 crore were transacted digitally. The rest of the amount was transferred through cash payments, benefiting several YCP leaders, as reported.
This post was last modified on 24 July 2024 4:38 pm
The SIT that has been commissioned to investigate the phone tapping allegations against the previous…
In around a week from now, the T20 World Cup will be starting, and this…
The AP government is actively boosting tourism by organizing exciting entertainment and cultural events across…
Two of the biggest names in South Indian cinema, Rajinikanth and Kamal Haasan could be…
Now that the suspense on Allu Arjun's film with Kollywood director Lokesh Kanagaraj ended after…
In a rather unexpected and untimely announcement, Jagan communicated that he would be starting Pada…