Overview
- The ACB court in Vijayawada accepted the CID’s closure report and ordered proceedings ended against N. Chandrababu Naidu and 36 others.
- The CID told the court its probe found no role for the chief minister, and the case was closed as a “mistake of fact,” according to the order.
- Naidu had been arrested on September 9, 2023, and spent more than 50 days in jail before the High Court granted him bail on October 31, 2023.
- The APSSDC Centres of Excellence project was valued at about Rs 3,300 crore, with earlier CID allegations of losses exceeding Rs 300 crore and diversion through shell companies.
- YSRCP figures including K Kannababu and Sake Sailajanath criticized the move and signaled plans to continue challenging the closure through legal avenues.