Chennai: Central authorities agency’s officer arrested for Rs 3.20 crore fraud


The Tamil Nadu police on Tuesday arrested the deputy basic supervisor of Indian Phone Industries (ITI) Ltd, a central government-owned telecommunication gear manufacturing enterprise, for allegedly dishonest a Chennai-based fertiliser firm to the tune of Rs 3.20 crore.

In accordance with the police, the arrested KVN Rajan, DGM for ITI (Puducherry & Tamil Nadu), approached Kannan, who runs a fertiliser firm ICMC personal restricted in Chennai, claiming that he had bagged the order to acquire face masks and Nitrile gloves to be equipped to authorities hospitals throughout the Covid-19 disaster.

Rajan advised Kannan that since they have been a authorities entity, they may not spend the quantity upfront and requested Kannan to pay a complete of Rs 3.20 crore to a few corporations and warranted him of excessive revenue in return. Nevertheless, Kannan’s firm didn’t obtain the masks or gloves as promised.

The police mentioned that Rajan abused his place and made the complainant pay three corporations and obtained an enormous quantity as a fee. The Chennai Crime Department nabbed Rajan from a hideout and offered him earlier than a court docket in Egmore earlier than placing him behind bars.

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