Andhra Pradesh police arrested the former director of a private company, son of a senior TDP leader, for allegedly defrauding the state government of crores of rupees by using shell companies, fake invoices and other illegal methods, a top police official said. Sarath is the son of senior Telugu Desam Party leader and former Andhra Pradesh Agriculture Minister P Pulla Rao, and his arrest has assumed political overtones in the southern state. On February 25, the Andhra Pradesh State Directorate of Revenue Intelligence (APSDRI) lodged a complaint with Machavaram Police that Avexa Corporation Pvt Ltd had resorted to fraudulent transactions and wrongfully pocketed government payments. He noted that Avexa had created a false impression that it had carried out works worth Rs 26 crore to claim input tax credit. The opposition leader alleged that the Y S Jagan Mohan Reddy-led government has specially formed APSDRI to target TDP leaders.

Source: Indian Express March 04, 2024 10:58 UTC