Jubilee Hills Police person apprehended 2 much accused successful transportation with the misappropriation of ₹8.71 lakh from the Chief Minister’s Relief Fund (CMRF). This latest enactment brings the full fig of arrests successful the lawsuit to 13, with respective different accused identified but presently absconding. Efforts are ongoing to retrieve the misappropriated funds.
The arrested individuals, Pagadala Srinivasa Rao, 23, and Yasa Venkateshwarulu, 50, were identified arsenic fake beneficiaries who fraudulently deposited sanctioned CMRF cheques into their idiosyncratic accounts and withdrew the funds, cheating the authorities and depriving genuine victims.
The arrests were made connected September 21 by Detective Inspector M. Satyanarayana and his team. During interrogation, the accused confessed to their engagement successful the transgression conspiracy. They were produced earlier tribunal and remanded to judicial custody. Both are natives of Tanikella, Konijerala, Khammam district.
Previous arrests successful the lawsuit were made connected July 15 and September 19, involving individuals who likewise misused CMRF cheques and participated successful the conspiracy. Investigations revealed that the superior accused took possession of 230 undistributed cheques aft the 2023 elections and deposited 19 of them utilizing forged details into accounts with akin names astatine SBI Jubilee Hills. The full magnitude misappropriated, ₹8,71,000, was distributed among the accused.
