ED had filed case against M Gopal Reddy on December 15 ,2020 under Money laundering Act (PMLA 2002). Telangana High Court had granted anticipatory bail on March 2, 2021.
The EOW director general Ajay Sharma told Free Press that WRD officials had made an advance payment to private construction companies. The payments were made in violation of the contracts, which caused grave financial loss to government exchequer.
Rs 1,000-Crore High-Tech Scam Targeted Madhya Pradesh Tenders, 2 Arrested Rs 1,000-Crore High-Tech Scam Targeted Madhya Pradesh Tenders, 2 Arrested The target of the scam was the MP government s e-procurement portal, managed and maintained together by three separate firms.
Hyderabad:
The Enforcement Directorate has arrested two persons in connection with a sophisticated Rs 1,030 crore e-tender scam involving e-tendering for the Madhya Pradesh government s infrastructure projects besides other illegal monetary transactions. Taken into custody under the Prevention of Money Laundering Act, the two businessmen have been remanded in judicial custody till February 3, 2020, by a Hyderabad court.
The arrested duo is Srinivas Raju Mantena, Founder and Chairman of Hyderabad-based Mantena Constructions, and his associate Aditya Tripathi, who runs Bhopal-based Arni Infra. The two of them have been accused of conspiring with a few senior government officials and IT service providers of
Hyderabad bizman arrested for Rs 3,000 cr tender scam in Madhya Pradesh DECCAN CHRONICLE.
Updated Jan 21, 2021, 1:17 am IST
Several from Hyderabad part of conspiracy, says Enforcement Directorate officials
ED’s searches revealed that Mantena group has had a surge in successful bids in the last few years either directly or in association with other Hyderabad-based companies. DC Image
HYDERABAD: The founder-chairman of a Hyderabad-based firm and his associate from Bhopal were arrested by Enforcement Directorate (ED) officials in connection with a Rs 3,000 crore money laundering fraud pertaining to the e-tender rigging scam in Madhya Pradesh on Wednesday.
Srinivas Raju Mantena, chairman of Mantena Constructions, and his associate Aditya Tripathi of Arni Infra and a resident of Bhopal, were placed under arrest after they were booked under various sections of the Prevention of Money Laundering Act (PMLA), ED officials revealed, adding that the two have been sent to ju