Amaravati, Oct 15 (IANS) The Enforcement Directorate has attached immovable and movable properties amounting to Rs. 23.54 crore in a case relating to misuse of funds in the Andhra Pradesh State Skill Development Corporation (APSSDC) Siemens Project case.
The Enforcement Directorate (ED), Hyderabad has provisionally attached the properties under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, the central agency said on Tuesday.
The project was meant to promote skill development & entrepreneurship in Andhra Pradesh.
Meanwhile, the opposition YSR Congress Party in Andhra Pradesh has reacted to the ED attaching properties in the case, claiming that the Central financial probe agency has confirmed that there was corruption in the Andhra Pradesh State Skill Development Corporation Siemens Project.
"The ED has attached Rs.23 crore assets to confirm that there was corruption in Andhra Pradesh State Skill Development Corporation Siemens Project," YSRCP spokesperson P. Shiva Shankar Reddy said.
The YSRCP leader said Chief Minister N. Chandrababu Naidu is the main accused in the case. He claimed that to divert public attention from this case, the Telugu Desam Party (TDP) was making baseless allegations against YSRCP President and former Chief Minister Y.S. Jagan Mohan Reddy.
The CID had arrested Naidu on September 9 last year in the Skill Development scam which allegedly took place when he was the Chief Minister between 2014 and 2019. The next day a court in Vijayawada had sent him to judicial custody. The TDP chief spent 52 days in Rajahmundry Jail before he was released on bail by the Andhra Pradesh High Court. The CID had said that Naidu is the prime accused in the alleged fraud in Skill Development Corporation involving approximately Rs 550 crore. According to the CID, the case revolves around the establishment of clusters of centres of excellence in Andhra Pradesh. The total estimated project value was Rs 3,300 crore but a huge loss was caused to the state exchequer. The agency had claimed that Naidu and the TDP were the beneficiaries of misappropriated funds.
Naidu had denied the allegations and termed them politically motivated.
--IANS
ms/vd
You may also like
Now Alia's jigra is crawling at the box office
'You will all die': What bomb threat posts for seven flights said
Rajasthan govt to sign MoUs worth 50000 crore for investment purposes
BREAKING Arsenal Christmas fixture list revealed as North London Derby and Man Utd moved
Delhi Transport Minister addresses vehicle registration delays, compliance issues with industry people
Clothes will dry in 'one minute' without tumble dryer with 1 laundry hack
India launches textile policy 2024 to boost growth, employment
Zara Tindall and Peter Phillips' other sibling who lives life under the radar
Man Utd's alarming £39m bill backs up Erik ten Hag's repeated complaints
EAM Jaishankar, Pakistan PM Shehbaz Sharif exchange pleasantries
Liverpool legend Jamie Carragher makes feelings clear on Thomas Tuchel managing England
Rajasthan Likely To Face Interesting Battle On Seven Assembly Seats
Mithali Raj lashes out at Indian team, wants Jemimah Rodrigues to replace Harmanpreet Kaur as captain
Triangular contest in Bihar bypolls after Prashant Kishor's entry
SC Collegium recommends appointment of permanent judge in Karnataka HC
Bajaj Auto will soon introduce its new bike, know what are the features
BB 18: Gunaratna Sadavarte Kisses Wife Jayashree During Interview, Says 'Apna Biwi Apna Raj' - Exclusive
Scientists baffled as huge giant squid washes up on popular Spanish beach
'I'm gay but I'm happily marrying a woman - she's my soulmate'
A BTech Dropout Who Sold Fake Concert Tickets, Travelled To Bengaluru, Mumbai And Goa; Held In Delhi