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Skill development scam A1 and A2 arrested

Peruthopaniemundhi

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hyperbole

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In what scam has former Chief Minister and TDP Chief been arrested by AP CID? 

AP State Skill Development Corporation scam:

The crime dates back to 2014, when the TDP government in Andhra Pradesh entered into a MoU worth Rs 3,300 Cr, with a consortium involving Siemens Industry Software India Ltd and Design Tech Systems Pvt Ltd. The company offers training programs in collaboration with various state governments. Further, a GO was issued stating that Siemens would set up six centres of excellence for skill development worth Rs 3300 Cr. 

How did scam came to light ? 

The lid blew off in 2017, when the tax investigation wing of GST- Intelligence Pune unearthed a financial fraud involving crores of rupees. The GST sleuths cross-examined the invoice of- DesignTech Systems private limited and Skillar Enterprises India private limited, which lead them to public funds of APSSDC- Vijayawada.  

During the probe, CID officials found that no tenders were called for the project, and Siemens Industry Software India and Design Tech had not spent a single rupee from their own resources on this project, but siphoned off major portion contributed by the Government of Andhra Pradesh as its share for the 10% of the project cost, amounting to Rs 371Cr. The money was diverted to major shell companies.

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futureofandhra LEGEND

futureofandhra

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2 minutes ago, hyperbole said:

In what scam has former Chief Minister and TDP Chief been arrested by AP CID? 

AP State Skill Development Corporation scam:

The crime dates back to 2014, when the TDP government in Andhra Pradesh entered into a MoU worth Rs 3,300 Cr, with a consortium involving Siemens Industry Software India Ltd and Design Tech Systems Pvt Ltd. The company offers training programs in collaboration with various state governments. Further, a GO was issued stating that Siemens would set up six centres of excellence for skill development worth Rs 3300 Cr. 

How did scam came to light ? 

The lid blew off in 2017, when the tax investigation wing of GST- Intelligence Pune unearthed a financial fraud involving crores of rupees. The GST sleuths cross-examined the invoice of- DesignTech Systems private limited and Skillar Enterprises India private limited, which lead them to public funds of APSSDC- Vijayawada.  

During the probe, CID officials found that no tenders were called for the project, and Siemens Industry Software India and Design Tech had not spent a single rupee from their own resources on this project, but siphoned off major portion contributed by the Government of Andhra Pradesh as its share for the 10% of the project cost, amounting to Rs 371Cr. The money was diverted to major shell companies.

Next kcr anukuntunna 

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