Is Kasireddy Rajashekhar Reddy Linked to the Rs 11 Crore Cash Seized by SIT?
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Synopsis
In a sensational twist to the Andhra liquor scam, key accused Kasireddy Rajashekhar Reddy vehemently denies ownership of Rs 11 crore seized by SIT. His claims add layers to the ongoing investigation, while political parties engage in a war of words.
Key Takeaways
- Rajashekhar Reddy denies ownership of the seized Rs 11 crore.
- The cash was found at a farmhouse linked to Sulochana Farms.
- The SIT claims the money was hidden at Reddy's direction.
- Political parties are embroiled in accusations regarding the case.
- Transparency and accountability are crucial in public affairs.
Vijayawada, July 30 (NationPress) Kasireddy Rajashekhar Reddy, the principal suspect in the Andhra Pradesh liquor scam, has refuted claims that the Rs 11 crore cash confiscated by the Special Investigation Team (SIT) from a farmhouse near Hyderabad is his.
Currently in judicial custody, Rajashekhar Reddy submitted an affidavit to the Anti-Corruption Bureau (ACB) Court on Wednesday, disavowing any association with the funds taken by the SIT.
Reddy, who previously served as the IT Adviser to former Chief Minister Y.S. Jagan Mohan Reddy, stated he learned on Wednesday morning about the SIT's seizure of Rs 11 crore from a farmhouse owned by Sulochana Farms, which is linked to Theegala Bali Reddy in Kacharam village of Shamshabad mandal in Rangareddy district.
He asserted that the prosecution's insinuation that the seized funds are his is an utter falsehood.
Reddy pointed out that Theegala Vijayender Reddy, son of Theegala Bali Reddy, runs multiple businesses, including Vardhaman Engineering College, diagnostic centers, and hospitals, which could generate significant revenue.
"My only connection to him is that my wife holds a minor stake in their hospital named ARET, aside from that, I have no ties to that business entity," the affidavit noted.
The SIT discovered the cash concealed within 12 cardboard boxes.
SIT officials stated that the funds were hidden under Rajashekhar Reddy's direction.
The search of the guest house was conducted based on information from Varun Purshottam, who is accused number 40 in the case.
This alleged liquor scam transpired during the YSRCP administration from 2019 to 2024.
In a related note, YSRCP has accused the SIT of fabricating narratives without evidence and claimed that the propaganda machine of Telugu Desam Party (TDP) has been exaggerating the issue to distract the public.
YSRCP leader and former Minister Perni Venkataramaiah (Nani) remarked that "media aligned with CM Chandrababu Naidu" has been disseminating rumors against YSRCP leadership due to their vindictiveness, aiming to falsely implicate them regarding the Rs 11 crore seized in Hyderabad.
Point of View
This case underscores the intricate interplay of politics and legal proceedings in India. The allegations and counterclaims highlight the urgent need for transparency and accountability in public affairs, a sentiment echoed by citizens nationwide.
NationPress
31/07/2025
Frequently Asked Questions
Who is Kasireddy Rajashekhar Reddy?
Kasireddy Rajashekhar Reddy is the chief suspect in the Andhra liquor scam case, previously serving as the IT Adviser to former Chief Minister Y.S. Jagan Mohan Reddy.
What is the significance of the Rs 11 crore cash?
The Rs 11 crore cash seized by the SIT is a central point of contention in the investigation, with Rajashekhar Reddy denying any ownership.
What allegations have been made against the SIT?
The YSRCP has accused the SIT of fabricating stories and claimed that the TDP is using the situation to divert public attention.
Where was the cash seized?
The cash was seized from a farmhouse belonging to Sulochana Farms in Kacharam village, Shamshabad mandal, Rangareddy district.
How has Rajashekhar Reddy responded to the allegations?
Rajashekhar Reddy has submitted an affidavit denying any link to the seized cash, asserting that the claims against him are false.
