Should the TDP Leader Push for Recovery of Rs.3,500 Crore in Liquor Scam?

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Should the TDP Leader Push for Recovery of Rs.3,500 Crore in Liquor Scam?

Synopsis

In a bold move, TDP leader Yanamala Ramakrishnudu demands action against the alleged Rs 3,500 crore liquor scam. He emphasizes the need for the Revenue Recovery Act or new legislation to reclaim public funds lost during the YSRCP administration. The ongoing investigation has revealed significant implications for the political landscape in Andhra Pradesh.

Key Takeaways

  • Yanamala Ramakrishnudu demands government action on the liquor scam.
  • The Revenue Recovery Act may be invoked to reclaim funds.
  • Significant political implications are expected in Andhra Pradesh.
  • The SIT is actively investigating the case.
  • Public accountability remains a key concern.

Amaravati, July 21 (NationPress) Senior TDP leader and former minister Yanamala Ramakrishnudu on Monday called on the government to enforce the Revenue Recovery Act to reclaim Rs 3,500 crore that was allegedly misappropriated in a liquor scam during the previous YSRCP government in Andhra Pradesh.

The former finance minister emphasized that the government must either enact the Revenue Recovery Act or introduce new legislation aimed at recovering the public funds purportedly stolen by former Chief Minister Y. S. Jagan Mohan Reddy.

Ramakrishnudu referenced a Supreme Court remark stating that economic offenders are more dangerous than murderers.

He informed reporters that while YSR Congress Party (YSRCP) MP P. V. Midhun Reddy was the 'mastermind' behind the Rs 3,500 crore scam, Jagan Mohan Reddy was its primary beneficiary.

The senior TDP leader remarked that those who have betrayed the public should not only stand trial in court but also be held accountable in the public arena, enabling the electorate to make their judgment during elections.

He asserted that YSRCP leaders are attempting to evade responsibility by labeling the situation as a political vendetta, stating that individuals who take the wrong path cannot avoid punishment.

Ramakrishnudu criticized that under Jagan Mohan Reddy's administration, substantial funds meant for the public treasury were illegally diverted.

His comments came in light of recent developments in the liquor scam investigation, wherein the Special Investigation Team (SIT) arrested YSRCP MP Midhun Reddy on Saturday. A Vijayawada court has placed him in judicial custody until August 1.

The SIT has also submitted a preliminary chargesheet in this case at the ACB Court in Vijayawada on Saturday.

The preliminary chargesheet identifies Jagan Mohan Reddy as one of the recipients of alleged kickbacks; however, he has not yet been named as an accused.

As of now, the court has not acknowledged the chargesheet, which claims that from 2019 to 2024, an average of Rs 50 to 60 crore was collected monthly from distilleries and funneled through a web of associates and shell companies.

Point of View

It is crucial to approach the demands of TDP leader Yanamala Ramakrishnudu with a balanced perspective. His call for accountability in the alleged liquor scam highlights the need for transparency in governance. While the political undertones cannot be ignored, the focus should remain on ensuring justice for the public and upholding the rule of law.
NationPress
09/09/2025

Frequently Asked Questions

What is the liquor scam about?
The liquor scam involves an alleged misappropriation of Rs 3,500 crore during the YSRCP government in Andhra Pradesh, with accusations against key political figures.
Who is Yanamala Ramakrishnudu?
Yanamala Ramakrishnudu is a senior leader of the TDP and a former finance minister, known for his vocal criticism of the YSRCP government.
What actions has the government taken regarding the scam?
The Special Investigation Team (SIT) is currently investigating the scam, with recent arrests made, including that of YSRCP MP Midhun Reddy.
What is the Revenue Recovery Act?
The Revenue Recovery Act allows the government to recover public funds that have been misappropriated or lost due to illegal activities.
How has the public reacted to these developments?
Public sentiment is mixed, with some demanding accountability while others view the situation as politically motivated.