India's ED seizes ₹441 crore in assets over Andhra liquor scam, alleging ₹3,500–4,000 crore in state losses due to corruption and money laundering.

The Enforcement Directorate has attached assets worth ₹441.63 crore in connection with a liquor scam in Andhra Pradesh, alleging a ₹3,500–4,000 crore loss to the state due to corruption and money laundering. The probe, under the PMLA, focuses on a scheme where a digital liquor procurement system was replaced with a manual one after 2019, allowing officials to favor certain brands and extract 15–20% kickbacks from distilleries. Authorities say the syndicate, involving Kessireddy Rajasekhar Reddy, Booneti Chanakya, and others, used shell companies, encrypted communications, and fake invoices to launder funds through real estate, gold, and bank accounts. The YSRCP has dismissed the allegations as baseless. The investigation remains ongoing.