NEW DELHI/HYDERABAD: The Enforcement Directorate (ED) on Thursday arrested Raj Kesireddy, alleged to be the mastermind in the Transport Scam case linked to Andhra Pradesh State Beverages Corporation Ltd (APSBCL), under the Prevention of Money Laundering Act (PMLA).Kesireddy, who previously served as an IT advisor to the Andhra Pradesh government, was arrested along with D Vasudeva Reddy, former Managing Director of APSBCL.The arrests followed searches conducted by the ED’s Hyderabad zonal office at five premises linked to persons allegedly involved in the case.According to officials, the accused persons caused a wrongful loss of approximately Rs 195.33 crore to the government exchequer while allegedly deriving corresponding unlawful gains for themselves and their associates.During the searches, ED officials recovered Rs 8 lakh in cash, two Rolex watches, premium vehicles, and incriminating documents and digital devices.Further investigation in the case is underway.
