• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
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

Directorate of Enforcement
Nation

Coal Smuggling Case: ED Raids Multiple Locations In Bengal

November 21, 2025
Nation

JeM Link Confirmed As Probe Uncovers Plot For 200 Coordinated Blasts In North India

November 21, 2025
Nation

India Sees Highest Increase In Foodgrain Production In Last 10 Years

November 21, 2025
Nation

Delhi-NCR Chokes Under ‘Very Poor’ Air Quality For 7th Straight Day, Smog Blankets Region

November 21, 2025
Nation

K’taka Cong Infighting: Kharge In Bengaluru Today; Shivakumar-Camp Mlas Head To Delhi

November 21, 2025
Nation

Dharmasthala Case: SIT Seeks More Time For Probe; Court To Issue Directions Today

November 21, 2025
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
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2025 - Ommcom News. All Rights Reserved.