Income Tax Department Steps Into AP Liquor Scam

The Income Tax Department has entered the investigation into the alleged Andhra Pradesh liquor scam and is examining the sources and movement of the funds allegedly generated through the case. Income Tax officials reportedly met SIT and Enforcement Directorate officers in Hyderabad and sought information related to the money trail, accused persons, companies and bank accounts involved in the investigation.

Investigators have reportedly identified the suspected diversion of large amounts of money through shell or front companies. The movement of funds to Dubai and other foreign destinations is also being examined. The Income Tax Department is looking into the companies allegedly used for routing the funds, foreign accounts, benami entities and other individuals connected to the alleged financial transactions.