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Tilaknagar Industries, Bira maker named in Andhra Pradesh liquor scam

Tilaknagar Industries, Bira maker named in Andhra Pradesh liquor scam

Time of India6 days ago
Synopsis
Tilaknagar Industries and Bira maker B9 Beverages have been named in a chargesheet by Andhra Pradesh Police for alleged kickbacks and irregularities in liquor trade. Tilaknagar reportedly earned ₹1,472 crore from APSBCL, with ₹218 crore allegedly routed as kickbacks via gold transactions. B9 Beverages earned ₹360 crore, with ₹43 crore allegedly funneled back through fake vendor payments. Both firms deny receiving official communication so far.
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