In What Scam former CM Chandrababu Naidu has been Arrested? How did Scam came to Light ?
AP State Skill Development Corporation scam:
The crime dates back to 2014, when the tdp government in andhra pradesh entered into an 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 centers of excellence for skill development worth Rs 3300 Cr.
How did the Scam come to Light?
When the tax investigation division of GST- Intelligence pune discovered a financial scam involving millions of rupees in 2017, the lid finally came off. The cross-examination of DesignTech Systems private limited and Skillar Enterprises india private limited's invoices by the GST investigators led them to the public money of APSSDC-Vijayawada.
In the course of their investigation, CID officials discovered that no tenders were requested for the project, Siemens industry Software india, and Design Tech had not invested a single dollar of their own money in it, but had instead syphoned off the majority of the Rs 371Cr contributed by the government of andhra pradesh as its share for the 10% of the project cost. Major shell firms received the money that was misdirected.
In the course of their investigation, CID officials discovered that no tenders were requested for the project, Siemens industry Software india, and Design Tech had not invested a single dollar of their own money in it, but had instead syphoned off the majority of the Rs 371Cr contributed by the government of andhra pradesh as its share for the 10% of the project cost. Major shell firms received the money that was misdirected.