Shivlal Yadav, Arshad Ayub Accused in HCA Scam

Publish Date:Apr 8, 2011

Advertisement

Even as the entire nation is basking in the glory of clinching the World Cup, Hyderabad Cricket Association (HCA) is embroiled in a 'CWG' type scam. HCA vice-president Shivlal Yadav and president Arshad Ayub are named as accused No. 1 & 2 in an alleged case of misappropriation of HCA funds. The ACB court of Hyderabad directed the director-general of ACB to investigate in to the case and file his report by 9 May 2011.

HCA member C Babu Rao Sagar filed a petition in the ACB court charging the executive committee of HCA and several contractors with connivance and causing loss to the association. After hearing the petition, the Special Judge for ACB court I Krishnaiah, made these orders. The HCA vice-president and former Indian test cricketer N Shivlal Yadav was made accused number one in the case and president Arshad Ayub the second accused. Among the 20 other individuals and companies named are M V Sridhar (vice-president), Nagarjuna Construction Company (NCC) - the builder of Rajiv Gandhi International Cricket Stadium at Uppal and Bajaj Electricals. The judge pointed out that since cricket associations deal with public money and public assets, they too fall under the category of public servants.
The petitioner, C Babu Rao Sagar alleged that a sum of Rs 77 crore was swindled by the HCA executive in the construction of cricket stadium at Uppal on the outskirts of Hyderabad in connivance with Nagarjuna Construction Company. The charges levelled in the petition are:
* Misappropriation of Rs 77 crore in construction of Uppal stadium.
* Over 20 office-bearers received gold biscuits worth Rs 44 lakh as gifts in   violation of the bye-laws.
* Rs 21-crore canopy contract.
* Rs 2 crore loss in purchase of seats at double the cost.
* Award of contracts without calling for tenders.
* Land purchases running into crores and 'Input costs of stadium material inflated'.
 

By
en-us Political News

  
Shamshul Huda was arrested yesterday in Nepal along with three others in a train derailment in Kanpur, Uttar Pradesh. The National Investigation Agency (NIA) on Tuesday confirmed Huda's arrest.
IT Officials Conducted Raids On Tamil Nadu Chief Secretary Rama Mohana Rao who has close links with Shekar Reddy
Publish Date:Dec 20, 2016
Sambit Patra Vs Asaduddin Owaisi Debate Video

 Rajnath Singh smooth punch to congress for coining Hindu Terrorism 

Publish Date:Jul 21, 2014

Kejriwal urges Jung to dissolve Delhi assembly, says delay encouraging poaching of legislators

Publish Date:Oct 30, 2012

Former minister D.K. Samarasimha Reddy met Telugu Desam chief N. Chandrababu Naidu on Monday at Gadwal, sparking off rumours that he might be joining the TD

New HRD minister M Pallam Raju received the biggest promotion in Sunday's ministerial reshuffle and the decision may have gone down to the wire before the mantle fell on the Kakinada MP

Publish Date:Oct 30, 2012

Trusts and charities in Andhra Pradesh are the third biggest recipient of foreign funding in the country. In just one year, these organisations received Rs 1,324.87 crore from abroad in 2009-10,

Publish Date:Oct 30, 2012

Hurricane Sandy Photos: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force winds, rain, and a dangerous storm surge that has caused flooding in many coastal areas including parts of New York City.

Publish Date:Oct 30, 2012

Hurricane Sandy News: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force

After posing nude for the cover of the Playboy magazine, actor Sherlyn Chopra is all set to set the screen on fire in Rupesh Paul directorial next “Kamasutra 3D”.

Publish Date:Oct 29, 2012

Actor Nani Marriage Pics: Nani and his fiancee Anjana's marriage was held at the Rishikonda Resorts in Vishakapatnam on 27th October, 2012.

Publish Date:Oct 29, 2012

A Tsunami warning had been issued for Hawaii on Sunday. Hawaii is fairly exposed to waves which are usually generated by volcanic activity along the west coast of the Americas.

 
Disclaimer:
All content included on this TeluguOne.com Portal including text, graphics, images, videos and audio clips, is the property of ObjectOne Information Systems Ltd. or our associates, and protected by copyright laws. The collection, arrangement and assembly of all content on this portal/ related channels is the exclusive property of ObjectOne Information Systems Ltd. or our associates and protected copyright laws.
 
You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any other way exploit any part of copyrighted material without permission from ObjectOne Information Systems Ltd or our associates.