Archive · 2 Aug 2025
ED Probes ₹1,000 Crore Sheep Scheme Financial Irregularities
The Enforcement Directorate (ED) is investigating a large suspected scam in the Telangana sheep farming scheme.
They believe over a thousand crore rupees might have been lost.
The ED found evidence of missing records, fake vendors, and funds diverted to people who didn't actually raise sheep.
Searches at different places resulted in seizing documents that indicate illegal payments and evidence of online betting accounts.
The investigation began because of reports about missing money and fraud.
ED investigation estimates the Telangana sheep scheme loss at ₹1,000 crore.
Searches were conducted at multiple locations, including the OSD to the then minister.
Audit revealed non-maintenance of records, payments to fake vendors, and duplicate sheep units.
Funds were transferred to bogus vendors not involved in the sheep business.
ED seized evidence of kickbacks to government officials, and documents linked to over 200 mule accounts.
- Who
- The Enforcement Directorate investigating government officials, alleged bogus vendors, and others involved in the scheme.
- What
- Investigation into alleged misappropriation of funds and financial irregularities in the Telangana Sheep Rearing Development Scheme.
- When
- Recent raids and investigations following audit reports and prior investigations.
- Where
- Telangana, India.
- Why
- To investigate alleged misappropriation of funds, kickbacks, and money laundering related to the SRDS.
- Scheme Name
- Telangana Sheep Rearing Development Scheme (SRDS)
- Investigation Agency
- Enforcement Directorate (ED)
- Estimated Loss
- ₹1,000 crore
- Key Findings
- Kickbacks, fake vendors, online betting links
- Searched Locations
- OSD to then minister, beneficiaries, middlemen
- Accounts Seized
- Over 200 mule accounts
- Seized Items
- Documents, blank cheque books, passbooks, debit cards, mobile phones, SIM cards
Sources
Behind ED raids in Andhra Pradesh, KCR’s ambitious scheme and sheep that went around in circles
ED Finds Fake Vendors, Kickbacks & Online Betting Links in Telangana Sheep Scam
Telangana sheep ‘scam’: ED recovers 200 ‘mule’ accounts after raids
ED probes ₹1,000 cr Telangana sheep scam, raids mule accounts
Mule Accounts, Kickbacks: Raids Find Rs 1,000-Crore Trail Behind Cattle Scheme
