Hyderabad: Kushaiguda police booked a case towards a businesswoman and a chartered accountant for dishonest a businessman of over Rs 19 crore in reference to a Telangana authorities provide contract for KCR Kits. The criticism was lodged by a 52-year-old businessman who runs Sahan Enterprises. He said that Sirisha Rani, proprietor of Maa Yarn and Fibers, sought his assist to ship merchandise for TSMSIDC’s (Telangana State Medical Services Inrastructure Development Corporation) KCR Kit scheme the place she has a young however not with the ability to fulfil the supply, she handed over the availability to the complainant at 1 per cent fee. An settlement was additionally made beneath which the complainant equipped the kits on her behalf whereas funds had been routed by her agency and he or she ultimately switch the dues to him.
The sufferer said that though funds from TSMSIDC had been acquired by Sirisha Rani between 2017 and 2021, she did not pay him the quantity. When he raised disputes, the duo determined to nominate Armoor Aravind, a chartered accountant with ABNK & Associates to audit the accounts. However, the CA delayed the report for 2 years and later issued an ante-dated certificates allegedly misrepresenting the factual figures which confirmed Rs 55 lakh whereas the precise quantity is Rs 19.9 crores, alleged the sufferer. The sufferer accused each Sirisha and Aravind of collusion and suppressing the data to misappropriate his rightful funds. Based on his criticism, Kushaiguda police registered a criticism beneath Sections 420 and 406 of the IPC for dishonest and felony breach of belief. The police mentioned that the case is between two companies and a CA, the investigation is underway.
