ED searches money-laundering intermediaries in Andhra Pradesh liquor scam
The Enforcement Directorate (ED) conducted searches across India concerning money-laundering intermediaries allegedly linked to the Andhra Pradesh liquor scam. This action follows a predicate offence registered by the state SIT, which flagged large-scale diversion of funds. The searches targeted intermediaries suspected of routing ₹3,500 crore through benami firms and hawala networks, with statements recorded from distilleries and the prime accused.
The Enforcement Directorate (ED) conducted searches across India concerning money-laundering intermediaries allegedly linked to the Andhra Pradesh liquor scam. This action follows a predicate offence registered by the state SIT, which flagged large-scale diversion of funds. The searches targeted intermediaries suspected of routing ₹3,500 crore through benami firms and hawala networks, with statements recorded from distilleries and the prime accused.
