BENGALURU: The CID, which is probing the alleged misappropriation of funds in D Devraj Urs Truck Terminals Limited (DDUTTL), a state government undertaking, has informed a local court that DDUTTL has suffered a loss of Rs 47.10 crore and 782 files related to illegal work orders have been seized.
A public prosecutor made this submission before Judge Yashawanth Kumar, 51st Additional City Civil and Sessions Court, during the hearing of anticipatory bail petitions filed by Naveen Kumar B, MS Nandish and Gayathridevi, the accused in the case.
The public prosecutor submitted that the petitioners, prima facie, had submitted fake bills to DDUTTL and received money for works that have not been completed, causing a loss of more than Rs 47 crore. The public prosecutor told the court that the petitioners have stated that they are doing business in the names of Venisha Enterprises, SS Enterprises and Mayur Advertising, respectively.
They also stated that they have supplied equipment and executed the work entrusted to them to the satisfaction of DDUTTL. However, it is alleged that Rs 47.10 crore has been misappropriated. Despite issuing notices, they have not appeared before the investigating officer, the public prosecutor said.
He informed the court that Naveen Kumar is not cooperating with investigation officers, Nandish has sold his firm, SS Enterprises, and Gayathridevi is absconding.
The petitioners should be available for investigation as there are prima facie materials against them, he said.