BRIEF NOTE ON ABHAYA GOLD CASE


Abhaya Gold Infratech India Ltd, Vijayawada:

The Company and its Directors collected huge amounts of money from the public in Andhra Pradesh in the guise of Real Estate and cheated them for an amount of around Rs. 221 crores

Total Depositors                                           :         3.99 lakhs in AP and Telangana.

Amount collected by the Company         :         Rs. 221 Cr.

The following 19 cases have been registered against them and all are being investigated by the CID, Andhra Pradesh.

  1. Cr. No. 153/2013, U/Sec. 420, 460 r/w 34 IPC and Sec. 3, 4, 5 of APPDFEA, 1999 of Kurnool-III Town PS, Kurnool District.
  2. Cr. No. 144/2014, U/Sec. 420, 408 r/w 34 IPC& Sec.156(3) Cr.P.C. & Sec.5 of APPDFE Act  of Mylavaram PS, Krishna District.
  3. Cr. No. 56/2013, U/Sec. 420  r/w 34 IPC , Sec.5 of APPDFE Act, Sec.4 & 5 of PCMCS Act  of Chatrai PS, Krishna District.
  4. Cr. No. 49/2013, U/Sec. 420 IPC  of Gudivada I Town PS, Krishna District.
  5. Cr. No. 290/2013, U/Sec. 420, 408 r/w 34 IPC & Sec.156(3) Cr.P.C & Sec.5 of APPDFE Act of Mylavaram PS, Krishna District.
  6. Cr. No. 160/2013, U/Sec. U/s 406, 420, 120(b) IPC & 3,4,5 of APPDFE Act, 1999  of Suryaraopet  PS, Vijayawada City District.
  7. Cr. No. 175/2013, U/Sec. U/s 406, 420, 120(b) IPC & 3,4,5 of APPDFE Act, 1999  of Suryaraopet  PS, Vijayawada City District.
  8. Cr. No. 206/2013, U/Sec. U/s 406, 420, 120(b) IPC & 3,4,5 of APPDFE Act, 1999  of Suryaraopet  PS, Vijayawada City District.
  9. Cr. No. 215/2013, U/Sec. U/s 406, 420, 120(b) IPC & 3,4,5 of APPDFE Act, 1999  of Suryaraopet  PS, Vijayawada City District.
  10. Cr. No. 216/2013, U/Sec. 406, 420, 120(b) IPC & 3,4,5 of APPDFE Act, 1999  of Suryaraopet  PS, Vijayawada City District.
  11. Cr. No. 42/2013, U/Sec. 420 r/w 34 IPC & Sec.5 of APPDFE Act, and Sec.3, 4, 5 of PCMCS Act  of Nuzvid T PS PS, Krishna District.
  12. Cr. No. 66/2013, U/Sec.  of Kaikaluru Town PS, Krishna District.
  13. Cr. No. 180/2014, U/Sec. 420 r/w 34 IPC  of Nidadavole PS, West Godavari District.
  14. Cr. No. 79/2013, U/Sec. 420 R/w 34 IPC of Nidadavolu PS, West Godavari District.
  15. Cr. No. 125/2013, U/Sec. 420 IPC, Sec.3,4,5 of APPDFE Act, 1978 of Dwaraka Tirumala PS, West Godavari District.
  16. Cr. No. 155/2013, U/Sec. U/s 420 IPC, Sec.5 of APPDFE Act, 1999 of Eluru-II Town PS, West Godavari District.
  17. Cr. No. 255/2013, U/Sec. 420 IPC, Sec.3,4,5 of APPDFE Act, 1999 of Bhimadole PS, West Godavari District.
  18. Cr. No. 73/2013, U/Sec. 420,406 IPC and Sec. 5 of APPDFE Act 1999  of Peddapadu PS, West Godavari District.
  19. Cr. No. 99/2013, U/Sec. 420, 409 IPC and Sec.5 of APPDFE Act, 1999 of Srikakulam-II Town PS, Srikakulam District.

The following persons were arrested and remanded to judicial custody.

Kukatla Srinivasa Rao @ Sreenu

K.S.Panindra Murthy

Sampath

K. Rajani kumar

Properties (immovable and movable) have been attached vide orders:

G.O.Ms.No. 20, Home (ARMS & SPF) Department, dt. 20-02-2015 

G.O.Ms.No. 21, Home (ARMS & SPF) Department, dt. 20-02-2015 

Petitions have been filed in Special Court, Vijayawada for making the above GOs absolute.

Related G.O's


Abhaya Gold - GO Ms No. 20, dt. 20-02-2015.PDF
Abhaya Gold - GO Ms No. 21, dt. 20-02-2015.PDF