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BS-IV scam: ED Hyderabad files chargesheet against TDP leader JC Prabhakar Reddy

BS-iv scam hyderabad

Hyderabad: The Enforcement Directorate filed a chargesheet against TDP leader and former Tadippatri MLA JC Prabhakar Reddy, C Gopal Reddy and their family members in connection with the BS-IV vehicle scam. The premier investigation agency attached 68 immovable properties worth Rs. 28.62 Crore belonging to JC Prabhakar Reddy, C Gopal Reddy and their family members.

ED investigation revealed that the accused floated the Supreme Court of India orders on BS IV vehicles. According to the apex court order “the vehicles that are not compliant with BS IV emission norms shall not be sold or registered in India from 1st April 2017 onwards.”

According to the Prosecution Complaint (PC), ED’s equivalent to Charge sheet, J C Prabhakar Reddy, C. Gopal Reddy and others purchased BS-III vehicles from Ashok Leyland Ltd. as scrap at huge discounts in the name of their entities viz. M/s. Jatadhara Industries Pvt Ltd and M/s C. Gopal Reddy and Co. and fraudulently registered the same as BS-IV vehicles on the basis of forged and fabricated documents. Majority of the fraudulent registrations were done in Nagaland while some were also done in Karnataka and Andhra Pradesh.

Plying BS-III as BS IV vehicles

Preliminary ED investigation revealed that 50 such vehicles were registered in the name of M/s Jatadhara Industries Pvt Ltd and 104 vehicles were registered in the name of M/s C. Gopal Reddy. Most of these vehicles were further utilised by them in their transport business by plying them as BS IV vehicles. Some such vehicles were also sold off by projecting them as BS IV vehicles.

The proceeds of crime generated by owning, plying and selling these vehicles have been quantified as Rs. 38.36 Crore, added the ED.

Directorate of Enforcement (ED), Hyderabad has filed Prosecution Complaint (PC) against 17 accused persons / entities in the BS-IV vehicle scam before the Special (PMLA) Court, Vishakhapatnam under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.