AP liquor transport scam: ED alleges dummy bids, inflated bills, cash kickbacks | Hyderabad News

Hyderabad: Enforcement Directorate (ED) has alleged that businessman T Eswar Kiran Kumar Reddy operated a well-structured cash-generation network through liquor transportation sub-contractors in Andhra Pradesh, collecting about ₹1 crore upfront and siphoning off nearly ₹50 lakh every month through inflated billing, according to its latest custody petition in the AP liquor transportation money laundering case.The case stems from an ECIR registered based on a CID FIR and relates to alleged irregularities in transportation contracts awarded by Andhra Pradesh State Beverages Corporation Ltd (APSBCL).According to ED, sub-contractors engaged in transportation work were required to pay an upfront cash amount of ₹5 lakh per depot for allocation of contracts. The agency alleged that these collections generated nearly ₹1 crore, which was ultimately handed over to Kiran Kumar.The agency further claimed that sub-contractors, including Sree Sudarsana Constructions, were instructed to raise invoices inflated by ₹40 lakh to ₹60 lakh above the actual value of services rendered. The payments were routed through banking channels, but the excess amounts were allegedly withdrawn and returned in cash.ED alleged that Kiran Kumar retained nearly ₹50 lakh every month from the proceeds generated through this arrangement.Cash routed through associatesThe custody plea stated that cash generated through inflated and bogus billing was allegedly collected at TEKKR office and other designated locations by employees and associates, including Shaik Saif Ahamed, Sehon Pasha, Simon Prasann and K Vasanth Kumar, before being handed over to Kiran Kumar.ED also cited several alleged cash-generation and conversion mechanisms, including ₹20.7 crore through Prasaad Transports, ₹7.5 crore through direct cash withdrawals from Sudarsana Constructions, ₹4.7 crore through transfers to unrelated third parties, ₹4.3 crore through transfers from Sigma Supply Chain Solutions Pvt Ltd (SSCSPL) to shell entities, including Casta Pink, and ₹2.3 crore through Ezyload Network Pvt Ltd.Dummy biddersED further alleged that dummy bidders were introduced during the first phase of APSBCL transportation tender process to create an appearance of competition, while the contract was allegedly earmarked for SSCSPL.According to ED, RCI Logistics Pvt Ltd was brought in as one such bidder and its ₹23,600 tender fee was reimbursed by Raminfo Ltd at Kiran Kumar’s instructions.ED claimed that the ₹50 lakh earnest money deposits submitted for both SSCSPL and RCI Logistics originated from UNI Corporate Solutions Pvt Ltd (UCSPL). It further alleged that the ₹1 crore performance bank guarantee furnished by SSCSPL was also funded by UCSPL and routed through TEKKR.Proxy entitiesED alleged that Kiran Kumar exercised effective control over UCSPL, while Pranati Reddy Nallari functioned only as its nominal director. Although SSCSPL was the official contractor on record, the agency claimed that transportation operations were actually managed by TEKKR under Kiran Kumar’s direction.The alleged syndicate, according to ED, also involved former IT adviser Kessireddy Raja Shekar Reddy and former APSBCL managing director Dontireddy Vasudeva Reddy, who are accused of influencing the tender process to favour the arrangement.