The Andhra Pradesh government has authorised the attachment of assets valued at more than Rs 63 crore belonging to YSRCP MLA Chevireddy Bhaskar Reddy and his family, following allegations that the properties were acquired through kickbacks linked to the state’s controversial liquor policy implemented between 2019 and 2024.
A government order (GO Ms No. 159), issued on November 19 by the Home Department, empowers the Crime Investigation Department (CID) to approach the Special Court for SPE and ACB cases in Vijayawada seeking provisional attachment of the identified movable and immovable properties. The application will be filed under Section 18A of the Prevention of Corruption Act, 1988, and Sections 3 and 4 of the Criminal Law Amendment Ordinance, 1944—provisions that enable authorities to freeze assets derived from alleged corruption until the competent court takes cognisance.
According to the CID, the attached properties are tied to irregularities uncovered in the Andhra Pradesh State Beverages Corporation Limited (APSBCL) liquor scam. Investigators allege that the excise policy during the period involved manual issuance of orders to benefit select liquor brands, unjustified price escalations, kickbacks routed through private entities and policy decisions engineered to confer undue financial advantage upon individuals and firms.
The CID claims to have traced several assets purchased by the accused using illicit proceeds. Properties flagged include those in the names of Chevireddy Bhaskar Reddy (A-38), his son and Kalyana Venkateswara Swamy Infra Pvt. Ltd. managing director Chevireddy Mohith Reddy (A-39), his younger son Chevireddy Harshith Reddy, his wife Chevireddy Lakshmi Kanthamma, and associated firms KVS Infra Pvt. Ltd. and CMR Infra Pvt. Ltd.
The Director General of Police (DGP), in a detailed report cited in the GO that the open market value of the properties purchased by the family is estimated at Rs 63.72 crore, while the registered value declared in official documents is only Rs 8.85 crore. Investigators also allege that Rs 54.87 crore of this amount was paid as unaccounted cash outside the banking system—supported by statements from vendors, witnesses and market valuation data.
A major transaction highlighted involves the sale of 263.28 acres in Vendodu to Aurobindo Pharma through KVS Infra. According to the CID, the company generated nearly Rs 13.3 crore of legitimate “white” money in the deal by paying the equivalent amount in black, later reinvesting the laundered funds into high-value properties across multiple districts.
The annexure to the order lists dozens of assets—open plots, agricultural land and residential sites—spread across Tirupati, Chittoor and Nellore districts. Notable clusters include land parcels in survey numbers around Olluru, KVB Puram, agricultural holdings in Vadamalapeta and Yerpedu, plots in Renigunta and Surappakasam, and multiple tracts of open land in Tiruchanur and house plots in Tummalagunta.
Acting on the DGP’s recommendation, the government has directed the CID’s Special Investigation Team officer to proceed with filing the attachment application. The DGP has been instructed to ensure that all further steps comply with the Criminal Law Amendment Ordinance, 1944, and other applicable procedures.
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