With the surfacing of the name of Narreddy Sunil in the AP Liquor Scam, now it is widely believed that the entire `biggest liquor scam’ in the country was cornered around former Chief Minister and YSRCP chief YS Jaganmohan Reddy. It may be recalled that Sunil is a close associate and confidant of Jaganmohan Reddy.
He used to dealt with all financial matters on Jagan’s behalf. He is a close relative of Jagan’s wife Bharati. He is a co-accused of Jagan in the Emaar Properties scam case and was arrested by the CBI in this case at that time. Jagan and Sunil Reddy spent some time together in jail.
It is known that the CBI and ED had registered cases at that time on the charges that Jagan had looted on a large scale through quid pro quo when YS Rajasekhara Reddy was the Chief Minister. There are allegations that Jagan had set up several shell companies using Sunil Reddy to divert the looted money into his own companies in the form of investments.
Sunil Reddy continued as a director in some of the companies where Bharathi was a director at that time. He is the right hand who faithfully completes the work Jagan has told him without his left hand knowing. After all these years, Sunil Reddy’s name has come to the fore in the liquor scam.
Now it is widely believed that key developments may take place in the investigation of this case with the SIT conducting searches in the companies where he was a director. Sunil Reddy’s father Narreddy Sangireddy is from Animela village, Veerapunayunipalle mandal, Kadapa district.
Sangireddy worked as a geologist and later settled in Pulivendula. He ran many businesses with the YS family. In this process, Sunil Reddy became the man in Jagan’s house. He used to sort out all the financial and personal matters on his behalf. Jagan is A-1 while Sunil Reddy is A-7 in the Emaar Properties scam case.
The CBI investigation concluded that Sunil Reddy received about Rs 96 crore of the loot collected from the sale of Emaar plots and arrested him at that time. After all these years, Sunil Reddy’s name has been mentioned again in the liquor scam.
However, in political circles, allegations are again being made that Sunil Reddy used to handle financial transactions behind the scenes on behalf of Jagan.
