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CBI Files FIR, Raids Six Sites in Alleged Rs 68 Lakh GST Credit Diversion at BHEL Kothagudem

A 2023 vigilance complaint flagged forged documents leading to irregular fund releases.

Overview

  • The FIR names former BHEL Kothagudem senior accounts officer G. Siva Nageswara Rao and private individuals Somireddy Marakala, Ramakrishna, and Srinivas Rao Raav as accused.
  • Investigators say GST input credits belonging to SNCPL, PMPL, and VESPL were redirected to unrelated subcontractors using a forged letter attributed to SNCPL.
  • Searches at six locations across Telangana and Andhra Pradesh yielded incriminating documents, according to the agency.
  • Preliminary findings cite suspicious transactions totaling about Rs 68 lakh in the accounts of Rao and family members that require criminal investigation.
  • Offences listed in the case include criminal conspiracy, cheating, forgery, and criminal misappropriation, and the probe remains active.