The Kushaiguda police have registered a case against a businesswoman and a chartered accountant for allegedly cheating a businessman of over Rs. 19 crore in connection with a government supply contract under the Telangana government’s KCR Kits scheme.
According to police sources, the complaint was lodged by a 52-year-old businessman who operates Sahan Enterprises. In his complaint, he alleged that Sirisha Rani, proprietor of Maa Yarn and Fibers, approached him seeking assistance in fulfilling a supply order for the Telangana State Medical Services Infrastructure Development Corporation (TSMSIDC) under the KCR Kit programme.
As per the complaint, Sirisha had secured a tender for the supply but was unable to complete the deliveries herself. She allegedly requested the complainant’s help to execute the order and offered him a 1% commission for handling the supplies. An agreement was signed under which the complainant would deliver the kits on her behalf, with payments from TSMSIDC being routed to her firm, which she was supposed to transfer to him subsequently.
Between 2017 and 2021, TSMSIDC reportedly released payments to Sirisha Rani’s firm. However, despite repeated requests, she allegedly failed to transfer the dues to the complainant. When he raised disputes over the unpaid amount, both parties mutually decided to bring in a third party — Armoor Aravind, a chartered accountant associated with ABNK & Associates — to audit the accounts and resolve the issue.
The complainant further alleged that the chartered accountant delayed submitting the audit report for nearly two years. When the report was finally issued, it was allegedly ante-dated and contained “misrepresented figures,” showing dues of only ₹55 lakh instead of the actual ₹19.9 crore. The businessman accused both Sirisha Rani and Aravind of colluding to falsify records and suppress facts in order to misappropriate his rightful payments.
Acting on the complaint, the Kushaiguda police registered a case under Sections 420 (cheating) and 406 (criminal breach of trust) of the Indian Penal Code (IPC).
A senior police officer confirmed that the matter appears to be a financial dispute between two firms and a chartered accountant, adding that a detailed investigation is currently underway to verify the allegations and examine the flow of funds.
The KCR Kits scheme, implemented by the Telangana government through the TSMSIDC, aims to support pregnant women and newborns by providing essential items and medical assistance. The ongoing investigation is expected to shed light on whether the alleged financial irregularities occurred during the execution of this public welfare project.
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