Skill development scam unfolds: Chandrababu Naidu in CID custody

In a startling revelation, the Andhra Pradesh CID has detained former Chief Minister Chandrababu Naidu, naming him the chief conspirator in the notorious skill development scam. The CID pinpointed the ex-CM as the grand mastermind and ultimate beneficiary of the scam, demanding a rigorous probe to unearth deeper intricacies.

Massive Scandal Rocks Andhra Politics

Naidu was apprehended early in the morning in Nandyal, marking a significant moment in the ongoing investigation. The CID is diving deep, exploring the possibility of illicit fund diversions into concealed bank accounts. While the former CM remains the centerpiece of the scam, the CID isn’t ruling out connections to his son, Nara Lokesh. Lokesh, alongside Kilaru Rajesh, is under the scanner for potentially having significant roles in the AP Fiber Net and Inner Ring Road scams.

Shadow Transactions and Burning Documents

The scheme appears to have involved redirecting funds to a shell company through deceptive invoices, a tactic Naidu was reportedly well-acquainted with. To compound the deceit, crucial documents linked to the scam were allegedly destroyed, intensifying the plot’s mystery.

Financial Deceit Laid Bare

Highlighting the depth of the financial subterfuge, the CID pointed to a 2014 agreement between the AP Higher Education Council and tech giant Siemens. Surprisingly, despite the state government pumping a staggering Rs. 371 crores into the venture, Siemens reportedly abstained from investing a single penny. What’s even more concerning is the utter disregard for objections raised by both the Finance Department and the Chief Secretary, raising eyebrows on the governance and oversight during Naidu’s reign.