After raid at 25 places, ED claims ₹1K cr financial fraud in Tasmac

THE Enforcement Directorate (ED), in a statement on Thursday, alleged that its recent searches in Tasmac offices have revealed "a well-orchestrated scheme" through which distilleries, particularly through bottling units, generated unaccounted cash of over ₹1,000 crore.

- 

The money, the agency claimed, was then used for kickbacks to secure increased supply orders from the Tasmac—the sole organisation empowered to procure and sell liquor in the state.

Last week, the ED searched 25 locations, including Tasmac offices, distilleries and bottling units. The statement said, "Evidence reveals direct communication between distilleries and Tasmac officials, exposing efforts to secure increased indent orders and undue favours." The ED said the illicit money was generated by distilleries "systematically" inflating expenses and fabricating bogus purchases, through bottle-making companies.