ED Unearths Un-on-Ned Cashs in 1000 rs Tamil Nadu Liquor “Fraud”

The Directorate for Enforcement (ED) said on Thursday that she discovered a black money rocket in the amount of over 1000 Rore Crore with the participation of private distilleries, bottling companies and state officials of Liquor Corporation, Tasmac, in Tamil Nadu.

During search operations in various locations in several districts in Tamil Nadu, on March 6, Ed said that he found corruption “on a large scale” at Tasmac offices.

The probe agency has stated that charging data on transfer posts, transport tenders, bar license offers, orders favoring several distillery companies and surpluses of RS 10-30 fees for a bottle by Tasmac stores with officials in Tasmac offices.

Three basic problems were identified – TASMAC stores collected an excess than actual MRP, distilleries offering rejection of Tasmac officials in the field of supplies and higher officials Tasmac, who indulge in gathering bribes from retail Tasmac stores and to transfer and put TAMSAC personnel.

ED investigation found evidence of manipulation in Tasmac tender allocations. The glaring problem was the mismatch of the applicant’s Kyc details and the demand for demand (DD), suggesting that the final bidder did not even obtain the required DD before the date of the application.

In addition, according to the agency, the offers were awarded, despite the fact that only one candidate in the final offer and Tasmac paid over 100 CRRE annually.

In the allocation of bar license offers by TASMAC, evidence was found to manipulate the tender conditions. One of such glaring problems was that the applicants without any numbers GST/Pan and without appropriate KYC documentation final offers were assigned.

The evidence reveals direct communication between distillery companies and higher officials of Tamsac, revealing efforts to secure increased orders and excessive favor, said ED.

ED searches were revealed on a large scale financial fraud with the participation of distillation companies – SNJ, Kals, Accord, Saifl and Shiva Distillery – together with bottles, such as Devi bottles, crystal bottles and GLR towing, revealing a well -organized scheme of the necessary generation of cash and illegal payments.

“Studies reveal that distilleries have systematically overstated expenses and fabricated false purchases, especially through bottles dealing with over 1000 CRERE in unknown cash. These funds were then used to reject to secure increased delivery orders from Tasmac, “said the probe agency.

“Bottling companies played a key role in this dishonest program by overstating sales data, enabling a distillery to direct the surpluses of payments, which were later withdrawn in cash and returned after subtracting the commission,” he added.

According to ED, the collusion between distilleries and bottling companies was held by manipulating financial documentation, hidden cash flows and systematic avoidance.

ED officials found that the arrangements were confirmed by a network in which unknown cash was intentionally generated through inflated and false expenses, and then used for purposes leading to huge profits.

“In addition, the role of employees/colleagues related to Tasmac, distilleries and bottled companies along with other key collaborators related to Tasmac,” said the agency.

ED initiated its investigation based on many companies registered on the basis of various sections of the Act on the prevention of corruption of 1988 in connection with various problems in Tasmac.