These companies were supposed to provide computers, software, and other items for the skill centres. But they did not provide or sell anything to the government, and the money was allegedly transferred to the companies based on fake invoices, with no actual delivery or sale of items mentioned in the invoices.
The funds were diverted with the alleged involvement of former APSDC CEO & MD Ghanta Subba Rao, along with then APSDC director K Lakshminarayana, according to investigating officials.
The CID also found that no note files were signed by the then principal secretary, Finance, and the then chief secretary, raising questions about transparency.
On 10 March this year, the Enforcement Directorate arrested Soumyadri Shekhar Bose, former MD of Siemens Industry Software (India), Vikas Vinayak Khanvalkar, MD of DesignTech Systems, Pune, Mukul Chandra Agarwal, MD of PVSP IT Skill Projects, and Suresh Goyal, chartered accountant of SSRA & Associates, for their alleged involvement in laundering Rs 241 crore through various shell companies. The four were booked under the Prevention of Money Laundering Act (PMLA).