Andhra Pradesh Fibernet Case: Chandrababu Naidu Named Main Accused In CID Chargesheet

Apart from Ex-CM Chandrababu Naidu, V Hari Krishna Prasad, managing director of Net India, Hyderabad, and K Sambasiva Rao, an IRTS officer, have also been named as accused persons in the chargesheet.

According to the CID, multiple purported irregularities occurred from the tender allocation to the project's completion leading to significant financial losses for the public treasury

Source : Facebook/NaraChandrababuNaidu

The Crime Investigation Department (CID) of Andhra Pradesh filed a chargesheet in the Vijayawada ACB Court in Rs 114-crore AP Fibernet Scam case on Friday. In the chargesheet, TDP supremo N Chandrababu Naidu has been named as the primary accused in the case. Alongside Naidu, V Hari Krishna Prasad, managing director of Net India, Hyderabad, and K Sambasiva Rao, an IRTS officer, have also been named as accused persons in the chargesheet.

According to ANI, Andhra Pradesh | CB-CID has named former CM Chandrababu Naidu in the chargesheet filed in the AP Fibernet Phase-1 Project alleged scam case before ACB court in Amaravati

Andhra Pradesh | CB-CID has named former CM Chandrababu Naidu in the chargesheet filed in the AP Fibernet Phase-1 Project alleged scam case before ACB court in Amaravati

— ANI (@ANI) February 17, 2024

 

The AP CID chargesheet alleges that N. Chandrababu Naidu approved the fiber net project estimates without conducting a market survey and pressured officials to favor M/s Terasoftware Pvt Ltd. In the chargesheet, the AP CID said, "N. Chandrababu Naidu approved the estimates of the fibre net project because no market survey was done for the prices of the items or the standards to be followed. N. Chandrababu Naidu brought pressure on the senior Government officials to include Vemuri Harikrishna Prasad in various tender evaluation committees, to revoke the blacklisting done by the Government, then prevailing against M/s Terasoftware Pvt Ltd and to finally award the tender to M/s Terasoftware Pvt Ltd by silencing the protests from other bidders such as M/s Pace Power."

"He got the officers such as B. Sundar, IFS, seeking a fair tender process, transferred out unceremoniously and posted more pliable officers in their place," said the statement regarding the purported tender manipulation incident that transpired under the previous TDP administration from 2014 to 2019.

According to the CID, multiple alleged irregularities occurred from the tender allocation to the project's completion leading to significant financial losses for the public treasury, as reported by PTI.