Rs 371 crore from Siemens scam rerouted to Naidu’s accounts, says Jagan
1 year, 9 months ago

Rs 371 crore from Siemens scam rerouted to Naidu’s accounts, says Jagan

Deccan Chronicle  

VIJAYAWADA: Chief Minister Y.S. Jagan Mohan Reddy said that N. Chandrababu Naidu is the main accused in the skill development Siemens scam in which Rs 371 crore of public money was consumed by him and his men. The Chief Minister elaborated on how Naidu skillfully orchestrated the scam by getting an unauthorised private note of estimates approved in a Cabinet meeting leading to the issue of a GO and then signing a totally different MoU with the unauthorized persons for looting Rs 371 crore. He further explained that while the Cabinet approved the private note and the related GO talked of 90% of the proposed total project cost of Rs 3,356 crore for the development of skills among youth coming from Siemens in the form of grant-in-aid, there was no mention of the grant-in-aid in the MoU. “The grant-in-aid never came from Siemens but the TDP government hurriedly paid 10% of the project cost equaling Rs 371 crore in five tranches in three months.

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History of this topic

Naidu prime accused in APSSDC scam, AP students cheated: Buggana
1 year, 3 months ago

Naidu prime accused in APSSDC scam, AP students cheated: Buggana

Deccan Chronicle  

Vijayawada: Finance minister Buggana Rajendranath has rejected the Telugu Desam’s contentions and stressed that Nara Chandrababu Naidu masterminded the multi-crore APSSDC scam. “Chandrababu Naidu has been arrested with proper evidence,” the minister said during a short discussion on the Skill Development scam in the state Assembly on Friday. Giving a detailed power-point presentation on the APSSDC scam in the Assembly …

DC Edit | Naidu's arrest: All corrupt leaders must be punished
1 year, 3 months ago

DC Edit | Naidu's arrest: All corrupt leaders must be punished

Deccan Chronicle  

There is an unmistakable trace of schadenfreude in the public reaction to the arrest of any prominent political leader, especially one who has had a long stint in power, self-righteous overtones to his career’s narrative and never faced the brunt of the laws he himself must have helped carve. Such an arrest, as in the recent case of former Andhra …

Naidu Principal Conspirator in Skill Development Scam: Remand Report
1 year, 3 months ago

Naidu Principal Conspirator in Skill Development Scam: Remand Report

Deccan Chronicle  

VIJAYAWADA: The AP CID has named Telugu Desam chief N. Chandrababu Naidu the principal conspirator in the Rs 371-crore AP Skill Development scam, with Naidu and the TD named end beneficiaries of misappropriated money, according to the remand report. It detailed how vendors Design Tech Systems Private Limited and Siemens Industry Software India Private Limited approached Naidu through TD leader …

Whistleblower blew lid off Rs 371 crore Skill Development Corporation scam
1 year, 3 months ago

Whistleblower blew lid off Rs 371 crore Skill Development Corporation scam

Deccan Chronicle  

VIJAYAWADA: The ₹371 crore AP Skill Development Corporation scam came to light in 2018 when a whistle-blower reported the matter to the Anti-Corruption Bureau unit in the state. The allegations against Naidu and others include manipulating contracts, misappropriating public money, and orchestrating a fraudulent scheme under the umbrella of a skill development corporation. Sleuths unravelled one of the central issues …

TD demands details of fund diversion in Siemens scam
1 year, 9 months ago

TD demands details of fund diversion in Siemens scam

Deccan Chronicle  

Vijayawada: Chairman of the Public Accounts Committee and Telugu Desam MLA, Payyavula Kesav, on Wednesday said the Y.S. Jagan Mohan Reddy government is levelling baseless charges against the previous TD government, in relation to the Skill Development Project. CM Jagan, who destroyed the Skill Development project and hurt the future of so many youths thereof, is now making baseless charges …

Major breakthrough in skill development scam
1 year, 9 months ago

Major breakthrough in skill development scam

Deccan Chronicle  

Vijayawada: The Criminal Investigation Department is said to have found fresh evidence linking the skill development scam to former Chief Minister and Telugu Desam supremo N Chandrababu Naidu even as probe agency arrested former Siemens employee G V S Bhaskar in Noida on Wednesday. The arrest may put Uttar Pradesh cadre IAS official U Aparna in tight spot as she …

Not associated with TD’s skill dev. project: Siemens
1 year, 9 months ago

Not associated with TD’s skill dev. project: Siemens

Deccan Chronicle  

Vijayawada: In a major embarrassment to the principal opposition Telugu Desam, multinational industrial giant Siemens informed the state government that it was never associated with the controversial skill development project launched with great fanfare by then chief minister N. Chandrababu Naidu and his son Nara Lokesh who was the IT minister in the previous regime. According to official sources, Arja …

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