Even as the Crime Investigation Department of Andhra Pradesh police is continuing its investigation into the Rs 371 crore AP skill development corporation scandal involving Telugu Desam Party president N Chandrababu Naidu, the Enforcement Directorate has also swung into action for further probe.
While the CID is focussing on tracing the end-beneficiaries of the misappropriated monies, the Enforcement Directorate, too, launched an investigation on the aspect of money laundering involved in the issue
According to the government sources, the ED has earlier arrested Soumyadri Shekhar Bose alias Suman Bose, Ex-MD of Siemens Industry Software India Pvt Ltd, Vikas Vinayak Khanvelkar, MD of Designtech Systems Pvt Ltd, Mukul Chandra Agrawal, Ex-Financial advisor, and authorized signatory of Skillar Ent India Pvt Ltd and Suresh Goyal, CA in a money laundering case for diversion and misutilization of funds.
The ED has provisionally attached properties amounting to Rs 31.20 crore belonging to Designtech Systems Pvt Ltd (DTSPL) in a money laundering case for diversion and misutilization of funds
The ED also filed prosecution complaint against the above 4 arrested accused, the CID sources said.
While all the four accused are out on bail, the ED has resumed its probe in the wake of Naidu’s arrest to dig out where the money siphoned off by the accused had been parked and who the beneficiary of these shell companies is.
