Case against officials for 'fraudulent' fund transfer to AP

The city police today registered a case of theft against two officials of Andhra Pradesh Building and Other Construction Workers' Welfare Board for 'fraudulent' transfer of Rs 600 crore meant for Telangana to the residual state of Andhra Pradesh.
Telangana labour commissioner Ashok lodged the complaint with the police alleging that APBOCWW Board secretary Murali Sagar and finance manager Rama Rao transferred some documents and an amount of Rs 609 crore to Andhra Pradesh.
The amount was the share of Telangana, the complaint says, according to Chikadpally Police Station inspector N L N Raju.
"There was an understanding for apportioning of the funds of the Board prior to bifurcation of united Andhra Pradesh. However, it seems after division, the share of the funds which was supposed to be given to Telangana was transferred to Vijayawada (AP) by the two officials," Deputy Commissioner of police V B Kamalasan Reddy said.

Investigation was on, the DCP told PTI.
Police have registered a case of cheating, theft and criminal breach of trust under the Indian Penal Code.