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The Hindu
The Hindu
National
Sambasiva Rao M.

Andhra Pradesh CID attaches properties of accused persons, companies in FiberNet scam case

The Andhra Pradesh Crime Investigation Department (AP CID) has attached certain immovable properties of the accused persons and companies in the alleged scam in the Phase-I of the A.P. FiberNet Project case.

The government has allowed the CID to attach properties, which include residential flats, plots and agriculture lands, in the limits of the municipal corporations of Guntur and Visakhapatnam in Andhra Pradesh and Hyderabad in Telangana.

The CID alleges that “former Chief Minister N. Chandrababu Naidu, A-25 in the case, had conspired with Vemuru Harikrishna Prasad (A-1) and Tummala Gopichand (A-11), director of Tera Software Ltd., hatched a conspiracy, and awarded the project in favour of Tera Software Ltd. in a fraudulent manner by accepting false experience certificates though Tera Software Ltd. was ineligible to participate in the tender process.”

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