Published Jun 11, 2026 | 2:34 PM ⚊ Updated Jun 11, 2026 | 2:35 PM
The agency is examining alleged financial irregularities, hawala transactions and fund diversions related to the liquor business.
Synopsis: The Enforcement Directorate (ED) conducted searches at five locations across Andhra Pradesh on 11 June as part of its money-laundering investigation into the alleged liquor scam, targeting the residences and offices of five accused persons. During the raids, officials recovered ₹8 lakh in cash, two Rolex watches, premium vehicles, and documents and digital devices that are now under examination.
The Enforcement Directorate (ED), Hyderabad Zone, on Thursday, 11 June conducted simultaneous searches at five locations across Andhra Pradesh as part of its ongoing investigation into the alleged liquor scam in the State.
The searches were carried out at the residences and offices of five persons accused in the case as part of the agency’s expanding money-laundering probe under the Prevention of Money Laundering Act (PMLA).
According to sources, the searches led to the recovery of ₹8 lakh in cash, two Rolex watches, premium vehicles, and incriminating documents and digital devices. Further investigation is under progress.
The ED is probing allegations that the accused persons caused a wrongful loss to the Government exchequer amounting to approximately ₹195.33 crore while deriving corresponding unlawful gains for themselves and their associates.
The agency is examining alleged financial irregularities, hawala transactions and diversion of funds linked to the liquor business during the previous regime. Investigators are also probing the role of key individuals suspected of being connected to the alleged money-laundering network.
Political circles are abuzz with speculation over whether notices could soon be issued to former Chief Minister Y.S. Jagan Mohan Reddy as the investigation progresses. The ED, however, has not made any announcement in this regard.
Also Read: Second chargesheet in Andhra liquor scam names three more, alleges direct link to Jagan
