Babu ni enduku arrest chesaru?

[Funkops]

Mottaniki Jaffas kala neraverindi. But Curious why was his arrested and what was his role?

[Maggavale]

[hyperbole]

4 minutes ago, Funkops said:

Mottaniki Jaffas kala neraverindi. But Curious why was his arrested and what was his role?

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.

ED arrested few of the owners of these shell companies and they turned approvers

[laxmiparvathin]

15 minutes ago, hyperbole said:

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.

ED arrested few of the owners of these shell companies and they turned approvers

Scam aithey 100% jarigindi. But cbn will be out in no time

[Android_Halwa]

last week la serve chesina IT notices case lo kuda contracts were nominated instead of tender..

ie case lo kuda nominated ae, no tenders were invited.

idi sangati jaggadu reverse tendering ani enduku sava10gindo...amma na sendranno...vision vision anukuntu baaga dhebbesinav kada..