This story is from September 16, 2023
₹25 crore Aqua Park to be developed in state capital
Naidu held in 371 crore skill development scam
Former Andhra Pradesh chief minister N Chandrababu Naidu has been arrested by the Crime Investigation Department (CID) in connection with an alleged scam of Rs 371 crore in the AP Skill Development Corporation. Naidu, who was on a pre-election campaign, was arrested in a pre-dawn swoop. This is the first time Naidu has been arrested in a criminal case. If convicted, he could face up to 10 years in prison. The CID investigation relates to a 2015 agreement between the skill development corporation and Siemens worth Rs 3,300 crore.
Chandrababu Naidu 'A-1' and 'principal conspirator' in Rs 371 crore skill development scam, alleges CID
The Andhra Pradesh Crime Investigation Department (CID) has accused former chief minister N Chandrababu Naidu of being the main conspirator in a Rs 371 crore skill development scam. The CID alleges that Naidu, referred to as A-1, orchestrated the diversion of public funds to private entities through shell companies. The investigation suggests that Naidu and his party were the ultimate beneficiaries of these misappropriated funds. The CID has requested the custodial interrogation of Naidu.
Three new industrial belts to be developed in Indore region soon
Madhya Pradesh Industrial Development Corporation (MPIDC) has issued work orders for the development of three new industrial belts in Indore region. The new belts will be located in Shajapur, Agar-Malwa, and Maksi Phase 2. The estimated cost of development for each area is over Rs 23 crore, Rs 41 crore, and Rs 33 crore respectively. These new industrial areas aim to attract fresh investment and boost the industrial ecosystem in the region.
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