• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Nation

AP Fibernet Case: CID Gets Nod To Approach Court For Attachment Of Properties

OMMCOM NEWS by OMMCOM NEWS
March 14, 2024
in Nation

Amaravati:  The YSR Congress Party government in Andhra Pradesh has authorised the CID to approach a court for attachment of the properties worth about Rs 17.75 crore of the accused in the Fibernet case, which allegedly involves former Chief Minister N. Chandrababu Naidu and others.

The government authorised the CID to apply in the ACB court under Sections 3 and 10(a)(b) of the Criminal Law Amendment Ordinance, 1944 for the attachment of properties.

The Principal Secretary, Home, issued the Government Order, based on the letter from the ADGP, CID, permitting it to approach the ACB court seeking attachment of the properties worth about Rs 17.75 crore of accused Vemuru Harikrishna, Thummala Gopichand, Thummala Pavana Devi, Thummala Bapaiah Choudary, and Tera Software Pvt Ltd.

The CID has named TDP President and then Chief Minister Chandrababu Naidu as accused number one in the case.

According to the CID, Chandrababu Naidu conspired with Vemuru Harikrishna Prasad and Tummala Gopichand, Director of Tera Software Ltd, hatched up a conspiracy and awarded AP Fibernet Project Phase-1 in favour of Tera Software Ltd, in a fraudulent manner by accepting false experience certificates.

It alleged that though Tera Software Ltd was ineligible to participate in the tender, it was awarded the contract, thereby causing a wrongful pecuniary loss of Rs 114,53,23,396 to the government exchequer.

While executing AP Fibernet Project Phase-I, the accused in pursuance of their conspiracy violated the tender agreements and involved the companies of other accused Viplav Kumar V.L.S., Vijaykumar Rammurthy, Ramkumar Ramurthy and Kanumuri Koteswara Rao with a mala fide intention, utilised substandard materials and got released the funds to Tera Software Ltd in a fraudulent manner without any supply of goods and services.

(IANS)

ShareTweetSendSharePinShareSend
Previous Post

President To Confer Bharat Ratna On Ex-PMs Charan Singh, Narasimha Rao & Three Others On March 30

Next Post

After Assam, First-Ever Tea Auction Centre To Come Up In Tripura

Related Posts

Nation

Former Kolkata Police Commissioner’s Son Falls Victim To Cyber Fraud

February 11, 2026
Nation

Chandrababu Naidu For replicating Gujarat BJP’s success formula in Andhra Pradesh

February 11, 2026
Nation

Prashant Kishor Meets Darbhanga Victim’s Kin, Slams Bihar Govt On Law And Order

February 11, 2026
Nation

ECI To Release List Of Bengal Housing Complexes For Polling Booths This Month

February 11, 2026
Nation

Chhattisgarh Announces Rs 10,000cr Pre-Holi Bonanza For Paddy Farmers

February 11, 2026
Nation

Manipur CM Urges Violence-Hit People To Forget Past, Work Together For Peace & Development

February 11, 2026
Next Post

After Assam, First-Ever Tea Auction Centre To Come Up In Tripura

Former BJD MLA Anam Naik Joins BJP

Electoral Bonds Case: EC Moves Application In SC For Release Of Sealed Cover Information

OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.