A fresh development has emerged in the long-standing Skill Development Corporation case involving former Andhra Pradesh Chief Minister Chandrababu Naidu. The Enforcement Directorate (ED), which had previously taken significant steps following Naidu’s arrest during the YSRCP’s rule, had slowed its investigation after Naidu’s bail and the change in the state’s administration. However, recent actions by the ED indicate a renewed focus on the case, suggesting that the investigation is gaining momentum once again.
The Enforcement Directorate (ED) in Hyderabad has taken decisive action in the Andhra Pradesh Skill Development Corporation (APSSDC) scam by attaching assets worth ₹23.54 crore, which includes both movable and immovable properties. This development is linked to a money laundering probe involving the Siemens project under APSSDC. The project, which was initially aimed at boosting skill development in the state, has come under scrutiny for financial irregularities. The ED’s latest move marks a significant escalation in its efforts to trace and recover misappropriated funds in this high-profile case.
The Enforcement Directorate (ED) is actively investigating the alleged misuse of government funds linked to the Siemens project under the Andhra Pradesh Skill Development Corporation. This investigation focuses on the actions of several key figures, including Khawnwelkar, the Managing Director of Design Tech, and former Siemens MD Suman Bose. They, along with associates Mukul Chandra Agarwal and Suresh Goyal, are accused of creating fraudulent invoices to misappropriate public funds into their shell companies. As part of the investigation, the ED has confiscated a range of assets connected to these individuals. In a prior action, the agency had already frozen ₹31.20 crore in assets associated with Design Tech. The ED continues to pursue further inquiries to uncover the full extent of the alleged financial irregularities.
