YSRCP Blasts 'Mastermind Of Loot' CBN For Squandering People's Money

chandra-babu-naidu-blasts-ysrcp - Sakshi Post

Vijayawada: YSRCP General Secretary Sajjala Ramakrishna Reddy on Saturday said the arrest of TDP chief N Chandrababu Naidu in connection with Andhra Pradesh State Skill Development Corporation (APSSDC) was not a knee-jerk reaction. Stating that the ruling party never resorts to politics of victimisation, he said the Opposition leader was arrested after a comprehensive investigation into the skill development project scam. 

While speaking to the reporters here, Sajjala said the AP CID filed an FIR in the APSSDC scam on December 9, 2021. He said the law will take its own course as the scam is a serious economic offence. He added that the Central agencies had found in their investigations that public funds were diverted from the skill development project.

The YSRCP leader said the Enforcement Directorate (ED) had earlier arrested four persons including former managing director of Siemens Industry Software (India) Private Limited Soumyadri Shekhar Bose in the APSSDC case. 

Elaborating on the case, Sajjala said the then Naidu government announced to set up a Center of Excellence worth Rs 3,356 crore as per G.O. No. 4. As per the signed pact with a German firm Siemens was required to invest Rs 371 crore in the project. However, the former TDP government transferred the amount to Design Tech despite the firm having zero investment into the project. Later, this amount was diverted to Chandrababu Naidu and other TDP leaders through shell companies, Sajjala added. 

Also Read: TDP Chief N. Chandrababu Naidu Arrested in Rs. 371 Crore Skill Development Scam

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