No Naidu link found in skill development scam: ED – Times of India
HYDERABAD: Andhra Pradesh CM N Chandrababu Naidu received a clean chit Tuesday from ED in the alleged Rs 371-crore skill development corporation scam that led to his arrest in 2023, based on a CID investigation instituted by the then YS Jaganmohan Reddy govt. Naidu spent 53 days in jail before getting bail on Oct 31 last year.ED’s Hyderabad unit invoked the Prevention of Money Laundering Act to provisionally attach assets worth Rs 23.5 crore belonging to Designtech Systems Private Ltd and others named in the chargesheet, but said there was nothing to link Naidu to alleged misappropriation of funds in govt’s skill and entrepreneurship development project in partnership with Siemens.On April 5, just over two months before TDP’s electoral landslide paved the way for Naidu’s comeback as CM, CI...