Who’s Sarath Chandra Reddy? Liquor scam approver who paid crores in EBs

Hyderabad-based businessman Sarath Chandra Reddy, the man whose revelations led to the arrest of BRS MLC K. Kavitha and Delhi CM Aravind Kejriwal over the past week, also paid Rs 55 crore to the Bharatiya Janata Party through electoral bonds, the data released on March 21 reflected.

Sarath Chandra Reddy won licences for five liquor retail zones under the excise policy that was implemented in Delhi from November 2021 to July 2022. He was arrested by the Enforcement Directorate on November 11, 2022 and four days later, Aurobindo Pharma, in which he is a director, paid Rs 5 crore to the BJP through electoral bonds, reports said.

After his bail in May 2023, Reddy turned approver and his firm paid another Rs 25 crore to the BJP through bonds on November 8, 2023. Also, two other companies connected to Aurobindo Pharma — Eugia Pharma Specialities Ltd and APL Healthcare Ltd are wholly-owned subsidiaries of Aurobindo Pharma — donated Rs 25 crore to the BJP.

The Enforcement Directorate has alleged that the “South Group”, which includes Reddy and others from Telangana and Andhra Pradesh, gave Rs 100 crore to AAP leaders, which it said was used by the party in 2022 Goa Assembly elections. ED further said that the loss to the Delhi government under this excise policy amounts to Rs 2,873 crore in revenues.

In Andhra Pradesh, Aurobindo Pharma donated to the Telugu Desam Party and In Telangana to BRS, according to the data available on Electoral Bonds.