Hyderabad: Kushaiguda cops reserved a case versus a businesswoman and a chartered accounting professional for cheating a business person of over Rs 19 crore in connection with a Telangana federal government supply agreement for KCR Kits. The problem was lodged by a 52-year-old business owner who runs Sahan Enterprises. He mentioned that Sirisha Rani, owner of Maa Yarn and Fibers, sought his assistance to provide items for TSMSIDC’s (Telangana State Medical Services Inrastructure Development Corporation) KCR Kit plan where she has a tender however not having the ability to satisfy the shipment, she turned over the supply to the plaintiff at 1 percent commission. A contract was likewise made under which the plaintiff provided the sets on her behalf while payments were routed through her company and she ultimately move the fees to him.
The victim specified that although payments from TSMSIDC were gotten by Sirisha Rani in between 2017 and 2021, she stopped working to pay him the quantity. When he raised disagreements, the duo chose to designate Armoor Aravind, a chartered accounting professional with ABNK & & Associates to examine the accounts. The CA postponed the report for 2 years and later on released an ante-dated certificate supposedly misrepresenting the accurate figures which revealed Rs 55 lakh while the real quantity is Rs 19.9 crores, declared the victim. The victim implicated both Sirisha and Aravind of collusion and reducing the records to abuse his rightful payments. Based upon his grievance, Kushaiguda authorities signed up a problem under Sections 420 and 406 of the IPC for unfaithful and criminal breach of trust. The cops stated that the case is in between 2 companies and a CA, the examination is underway.
