Acharya has been India's longest-serving chief economic advisor, advising three finance ministers over eight years. He has been a columnist for Business Standard for over twenty years
The Andhra Pradesh High Court on Tuesday reserved orders on a petition filed by former Chief Minister N Chandrababu Naidu seeking quashing of an FIR filed against him by the police in the Skill Development Corporation scam case. The court heard the arguments from the legal counsels of Naidu and the AP Crime Investigation Department. Senior counsels Harish Salve and Siddarth Luthra representing Naidu argued that the CID did not obtain prior permission from the Governor as it is a mandatory requirement for police to seek prior approval for conducting any inquiry or investigation into any offence alleged to have been committed by a public servant. Mukul Rohatgi, on behalf of the CID, argued that Section 17(A) of CrPC is not applicable to the TDP supremo and informed the court that an intensive investigation is required in the case further. He also said there was an embezzlement of government funds which should be taken up seriously. Chandrababu Naidu was arrested on September 9, in .
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Andhra Pradesh Crime Investigation Department chief N Sanjay on Sunday said proper procedures were followed while arresting former chief minister N Chandrababu Naidu in the Rs 371-crore alleged fraud case and rejected allegations by the TDP chief's son Nara Lokesh that its action was in violation of laws. Sanjay, who briefed media along with Additional Advocate General P Sudhakar Reddy, said the agency was under "pressure" to clarify the facts related to the Skill Development Corporation scam that occurred in 2015-16 in Andhra Pradesh as several TDP leaders were spreading "misformation." Naidu is currently in judicial remand for his alleged role in this scam and has filed two petitions in the High Court which is scheduled to hear the matter on September 19. "When accused go about misleading and misforming, it's CID's responsibility to put forward their option to clarify. ... Several political leaders are going around giving their version and there is so much mudslinging against the
Naidu in his capacity influenced and orchestrated and mooted the whole idea and this was also figured by CID and ED as proceeds of crime, he said
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy on Saturday lambasted TDP chief N Chandrababu Naidu, accusing him of being the 'chief architect' of the multi-crore AP Skill Development Corporation scam. The CM also attacked select media houses for 'backing' the former CM despite his alleged involvement in several irregularities over the past decades. Not just state government agencies but also the Enforcement Directorate (ED) has arrested those involved in this fake agreement (skill development case).. the person who orchestrated this scam is Chandrababu Naidu, said Reddy, addressing a public meeting in Nidadavolu in East Godavari. It has been established that Naidu had channeled the scam amount through shell companies, ED found how it was routed and the Income Tax department served notices, he added. Naidu is currently lodged in a jail in Rajamahendravaram after being remanded in judicial custody for 14 days by a court for his alleged involvement in the scam. The CM also reca
Chandrababu Naidu's arrest has demoralised his party but the question to ask is whether his being in jail is a threat or an opportunity
In Andhra Pradesh's politics, the intense face-off between Y S Jagan Mohan Reddy and N Chandrababu Naidu is a tale of ambition, power and vendetta. Dive into our video for a detailed exploration
The Andhra Pradesh High Court on Wednesday stayed the proceedings in a petition filed by the state CID seeking the custody of TDP chief N Chandrababu Naidu in connection with the multi-crore Skill Development Corporation scam, till September 18. The court which was hearing a petition filed by Naidu requesting quashing the FIR registered against him in the case, posted for further hearing on September 19. The court also directed the Andhra Pradesh Crime Investigation Department to file its reply. The former chief minister was represented by senior Supreme Court counsel Sidharth Luthra, while Additional Advocate General P Sudhakar Reddy put forward the government's view. The TDP chief was sent to judicial remand and is currently lodged in a Central Prison in Rajamahendravaram in a case registered by the Andhra Pradesh CID. Later, the CID filed a petition in the ACB Court seeking the custody of Naidu for 15 days for questioning with regard to the case. Naidu was arrested in connecti
TDP legal cell on Tuesday, also filed a petition in Andhra Pradesh High Court challenging the arrest of party supremo former chief minister N Chandrababu Naidu by the CID
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Over the last few months, TDP's attempts to mend fences with the BJP and return to the National Democratic Alliance (NDA) have failed despite Jana Sena's efforts
The Andhra Pradesh Police Crime Investigation Department (CID) has filed a petition in the court seeking 15 days of custody of former chief minister N. Chandrababu Naidu, who has been remanded to 14 days of judicial custody in a multi-crore scam, said an official. However, a decision on this petition, which was filed on Monday is expected to come up for a hearing on Wednesday, said the official. Most probably the day after tomorrow (Wednesday) the petition will come for hearing, Additional Advocate General Ponnavolu Sudhakar Reddy told PTI. Reddy said they asked for the Telugu Desam Party (TDP) chief's custody for 15 days but observed that it is the discretion of the court to take a call on the duration of custody. We can only seek police custody for some days but finally when it comes to hearing the court will decide, he said. On Monday, Naidu's legal team filed a petition to secure an early release for him from the jail and procure house custody. The Anti Corruption Bureau (ACB
Court rules the items cannot be confiscated without investigation even if the original supplier does not have GST registration
The statewide bandh call given by Telugu Desam Party in protest against the arrest of former Chief Minister N Chandrababu Naidu saw lukewarm response on Monday with business as usual at many parts of the state during morning hours. According to Additional Director General of Police (Law and Order) Shankha Brata Bagchi, the situation is peaceful in the state and no untoward incident has been reported. "Situation is peaceful, depending on the situation, the local authorities have promulgated prohibitory orders," Bagchi told PTI. A local Court in Vijayawada on Sunday remanded TDP chief Chandrababu Naidu in judicial custody for 14 days in an alleged multi-crore corruption scam. The Telugu Desam Party had called for a statewide bandh on Monday in protest against the arrest of its leader. East Godavari SP P Jagadeesh said security has been tightened in Rajamahendravaram in East Godavari district and around the central prison where Naidu is currently lodged. Police were seen dispersing
According to the police, the former CM has been allotted an upper block in Sneha Wing of the jail to reside until further procedure alongside prisoner number 7691
The Crime Investigation Department which arrested TDP supremo N Chandrababu Naidu in the skill development corporation scam case has said the former Chief Minister was non-cooperative during questioning and replied vaguely saying he did not remember certain issues. Naidu was produced in an Anti-Corruption Bureau court in Vijayawada on Sunday morning amid tight security, a day after being arrested in a case of alleged corruption. Seeking his judicial custody, the remand report said though the officials arranged a chopper to take him to Vijayawada from Nandyal where he was arrested, the Leader of the Opposition refused. The convoy was obstructed several times by TDP cadres which is an indication of intimidating law enforcement officials by virtue of his position. "He was asked questions based on the note files, which form part of the evidence in this case diary. But to all the questions he was non-cooperative and replied vaguely that he could not recollect the facts. In this regard, t
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The agency further said that the government order was issued under Naidu's instructions, intending to cause wrongful loss to the public exchequer and gain to private individuals
Rashtriya Janata Dal leader Manoj Jha on Saturday slammed the Jagan Mohan Reddy government in Andhra Pradesh over the arrest of TDP chief Chandrababu Naidu and said it is a new trend in Indian politics to go to extremes against one's political opponents. "A new trend has started in this country where you go to extremes because you have political differences. Chandrababu Naidu is not only a former chief minister but has played a key role in the formation of modern Andhra Pradesh," Jha told PTI. "Jagan has learnt this from (Narendra) Modi ji and Amit Shah ji. Such actions don't have a long shelf life," he added. The TDP chief was arrested in connection with an alleged Rs 550 crore fraud case involving siphoning off funds from the Skill Development Corporation. The former CM was arrested by the CID around 6 am from a marriage hall, outside which his caravan was parked, at Gnanapuram in Nandyal town, police said. YSR Congress Party government in Andhra Pradesh has defended the arrest,