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Chandrababu Naidu is Ex- CM of AP from Telugu Desam Party (TDP)

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Naidu is arrested in connection with ₹3,300 crore APSSDC scam

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Andhra Pradesh Skill Development Corporation (APSSDC) aimed at training unemployed youth

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TDP government signed a MOU with Siemens and Design Tech for executing the APSSDC project worth ₹3,300 cr

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State to bear 10% of the total cost and rest by Siemens and Design Tech.

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Siemens Industry did not spend a single rupee on this project but siphoned off ₹371 cr contributed by state.

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ED investigation suggest violation of norms as fund was released without a tendering process

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Allegations suggest Naidu ordered immediate release of funds, despite objections from finance department

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Additionally, Rs 241 crore was allegedly diverted to various shell companies

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Naidu is arrested under IPC Sections including criminal conspiracy, cheating and forgery.