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Andhra: Chandrababu Naidu Lodged In Rajahmundry Central Prison After Being Sent To Judicial Custody By ACB Court; TDP Calls Statewide Bandh swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Naidu Is Kingpin Of Skill Development Scam, Says YSR Congress menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The former CM is accused of conspiring to orchestrate the transfer of at least Rs 241 cr of public funds to private entities via shell companies, resulting in a loss to the public exchequer and gains to himself and his party.
Former Chief Minister N Chandrababu Naidu of Andhra Pradesh has been accused by the Crime Investigation Department (CID) of his involvement in a Rs 370-crore skill development scam. The CID claims that Naidu played a pivotal role in diverting funds through a deceptive Memorandum of Understanding (MOU). The scheme allegedly involved collusions between Siemens representatives and government officials, inflating costs and bypassing regulations. The investigation revealed fake invoices and a lack of actual goods or services.
The Andhra Pradesh Crime Investigation Department has said former chief minister Nara Chandrababu Naidu is the prime mover, conspirator and beneficiary of the alleged Rs 371-crore scam in the skill development corporation.