SIT Seizes Rs 11 Crore in Rs 3,500 Crore Liquor Scam in Hyderabad

Amaravati/Hyderabad, Jul 30 (PTI) The Special Investigation Team (SIT) tasked with probing the alleged Rs 3,500 crore liquor scam made significant headway by seizing Rs 11 crore in cash from a farmhouse near Hyderabad on Wednesday, an official source revealed. Varun Purushotham, listed as accused number 40 (A-40) in this high-profile case, reportedly admitted to his involvement and provided critical information, which led to the raids and discovery of the concealed cash reserves. "Based on Purushotham's disclosures, the SIT executed raids and confiscated Rs 11 crore in cash from a farmhouse situated on Hyderabad's outskirts," the source detailed. This scam is noteworthy due to its enormous scale, spanning thousands of crores, and its intricate web involving shell companies, kickbacks, and alleged political shielding, according to sources. Another insider, who is well-acquainted with the SIT's investigation, suggested that more arrests and cash seizures are looming, as the team is meticulously following financial trails and political connections unearthed during this recent phase of raids. Police sources have alleged that this liquor scam took place during the previous YSRCP government from 2018 to 2024.

(Only the headline of this report may have been reworked by Editorji; the rest of the content is auto-generated from a syndicated feed.)