Siemens former MD Saumyadri Bose refutes corruption allegations

Former MD of Siemens Industry Software India Pvt. Ltd. (SISW) Saumyadari Bose has dismissed all charges in the alleged multi-crore scam in which TDP chief Chandrababu Naidu has been arrested claiming that no shell companies were involved in the process. Siemens’ former MD made these claims while speaking exclusively to Republic Media network where he questioned why physical verification was not carried out claiming that the project is of the finest.

‘I am surprised why physical verification was not done on the ground, the centre, the labs all are there,’ said the former MD. He said that he is unaware of the reason that triggered the FIR and that claims are being made that scams have been committed, while there are no scams.

‘Several officials were there during the undertaking agreement; one of them was Guntarao and Premachandra Reddy. I don’t know why they are not named, or not being questioned. This question should be asked to the government,’ said Bose.

He claimed that no shell companies were involved in the project, as claimed by the investigating agencies. ‘No shell companies were involved, it’s a lie,’ claimed the former Siemens’ MD Saumyadri Bose while speaking to Republic.

Chandrababu Naidu on March 11, 2015, then the state chief minister of Andhra Pradesh, had affirmed in the Assembly that Design Tech and Siemens, two technology partners, were willing to contribute about 90 per cent of the AP Skill Development Corporation project cost. The project was to set up six skill development clusters in Andhra Pradesh at a cost of Rs 546.84 crore for each cluster, to train youth with employable skills. It was decided that 90 per cent of the project’s cost would come from the two private companies, and the government would bear the remaining 10 per cent, amounting to Rs. 371 crores.

Out of the Rs 371 crore released by Andhra Pradesh government, a large part was siphoned and only a small part employed to establish the centres of excellence. Most of this money was diverted through shell companies by using fake invoices, alleges the CID.


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