The APCID said the ED detected irregularities in the GST claim of Rs 41 crore and directed the State government to investigate the matter. “After ED’s official input, we further investigated and found that out of Rs 371 crore, Naidu swindled Rs 241 crore from the State exchequer,” said Sanjay. He further said Suman Bose, the former Managing Director of Siemens, helped Naidu in managing funds through a number of shell companies. “After ED’s official input, we further investigated and found that out of Rs 371 crore, Naidu swindled Rs 241 crore from the State exchequer,” said Sanjay. He further said Suman Bose, the former Managing Director of Siemens, helped Naidu in managing funds through a number of shell companies.

Source: Indian Express September 18, 2023 04:01 UTC