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SMALL CAPS: Scancell success could spell better fortunes for UK fundraising

SMALL CAPS: Scancell success could spell better fortunes for UK fundraising

Ex-AP CM Chandrababu Naidu faces consequences of multi-crore skill development probe after 2 years

Chandrababu Naidu was arrested under various IPC sections, including Sections 120B (criminal conspiracy), 420 (cheating and dishonestly inducing delivery of property), and 465 (forgery). The Andhra Pradesh CID also invoked the Prevention of Corruption Act against him. Earlier, the Enforcement Directorate had arrested former Siemens Industrial Software India s MD Bose and Khanvelkar, MD of Design Tech Systems in March on charges of money laundering, diversion, and misutilization of funds related to the skill development case.

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