Fibernet: CID to attach properties of Naidu friends

Stepping up the investigation into Rs 118 crore AP Fibernet scam in which Telugu Desam Party president N Chandrababu Naidu was made one of the main accused, the Crime Investigation Department of Andhra police has sought to attach properties of the accused and companies, close to Naidu.

The state home ministry has given the green signal to the CID to go ahead with the attachment of certain immovable properties of the accused persons and companies in the alleged scam in the Phase-I of the AP FiberNet Project case.

The CID authorities submitted a memorandum in the ACB court seeking permission to attach the properties of the accused in the case.

The government has allowed the CID to attach properties, which include residential flats, plots and agriculture lands, in the limits of the municipal corporations of Guntur and Visakhapatnam in Andhra Pradesh and Hyderabad in Telangana. Readmore!

The properties of Terasoft company which bagged the tender for Fibergrid project would be attached. Besides, the CID proposed to attach a house in Guntur, a flat in Visakhapatnam, four flats in Hyderabad, agricultural land in Rangareddy district of Telangana, and other properties.

One of the accused, Kanumuri Koteswara Rao, owns a house in Guntur. Neptops Fiber Solutions, where Kanumuri Koteswara Rao is the director, owns a flat in Kirlampudi Layout, Visakhapatnam.

Terasoft Company MD T. Gopichand owns a flat in Jubilee Hills, Hyderabad, and another flat is registered in Srinagar Colony in the name of Chandrababu's wife, Pawandevi. Additionally, an agricultural land in Moinabad, Rangareddy District, Telangana, is also set to be attached.

Show comments