VIJAYAWADA: YSRCP MP P V Midhun Reddy was arrested by Andhra SIT late on Saturday after nearly seven hours of questioning in the alleged Rs 3,200 crore liquor scam. The arrest comes after the anticipatory bail petitions of Mithun Reddy were rejected by AP high court and Supreme Court, reports Madhu Rasala.
He is the second politician to be arrested in the alleged scam that took place during the previous YSRCP rule. With the latest arrest, the number of accused arrested so far has increased to 12.
Earlier, Midhun Reddy arrived in Vijayawada from New Delhi amid heightened security. Krishna district police, under the supervision of Gannavaram DSP, ensured a tight security cordon around the airport. All vehicles entering the premises were thoroughly inspected, and the MP was escorted by police to the SIT office. Police had earlier issued a lookout notice and alerted immigration authorities.
The SIT, constituted to investigate alleged irregularities in the liquor policy during the previous YSRCP regime, has been probing alleged illegal financial transactions, policy manipulation, and the misuse of official machinery in the framing and implementation of the state's liquor policy.
Sources close to the probe said Reddy was allegedly involved in key decision-making meetings regarding the state's liquor procurement and distribution mechanisms. The SIT has reportedly tracked a Rs 5 crore fund transfer from a third-party company to a firm linked to the MP, raising suspicions of money laundering and quid pro quo arrangements.
Officials believe Midhun Reddy possesses crucial information about the ultimate beneficiaries of the proceeds generated through the liquor policy.
He is the second politician to be arrested in the alleged scam that took place during the previous YSRCP rule. With the latest arrest, the number of accused arrested so far has increased to 12.
Earlier, Midhun Reddy arrived in Vijayawada from New Delhi amid heightened security. Krishna district police, under the supervision of Gannavaram DSP, ensured a tight security cordon around the airport. All vehicles entering the premises were thoroughly inspected, and the MP was escorted by police to the SIT office. Police had earlier issued a lookout notice and alerted immigration authorities.
The SIT, constituted to investigate alleged irregularities in the liquor policy during the previous YSRCP regime, has been probing alleged illegal financial transactions, policy manipulation, and the misuse of official machinery in the framing and implementation of the state's liquor policy.
Sources close to the probe said Reddy was allegedly involved in key decision-making meetings regarding the state's liquor procurement and distribution mechanisms. The SIT has reportedly tracked a Rs 5 crore fund transfer from a third-party company to a firm linked to the MP, raising suspicions of money laundering and quid pro quo arrangements.
Officials believe Midhun Reddy possesses crucial information about the ultimate beneficiaries of the proceeds generated through the liquor policy.
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