Now the ED looks at the Chevella fodder scam pertaining to poultry feed. The scam is worth Rs 1000 crore.
Documentary evidence revealed that parliament member Ranjith Reddy’s firm Sri Rajeshwara Hatcheries Pvt Ltd lifted 51,150 MT and Noveltech Feeds Pvt Ltd was supplied 43,408 MT in the three phases.
The agencies complained of illegal allotment of stocks to the otherwise ineligible Noveltech, which took over a local firm owned earlier by Ranjith Reddy.
The MP from Chevella after signing a non-compete clause acted as an adviser to the company, sources added.
The Central agencies’ attention was also drawn to the collection of Rs 250 per tonne as “liaison fee” by the federation leaders that was never reflected in the accounts.
The farmers alleged in their complaint to the Central Bureau of Investigation that Rs 11 crore was embezzled in the form of liaison fee.
There is talk that a local BJP leader is behind exposing Ranjith Reddy and his illegal transactions.
