Big Shock to Naidu as Court Rejects Bail

Vijayawada: In a set-back to Telugu Desam chief N. Chandrababu Naidu, the ACB special court here has rejected his anticipatory bail plea and granted permission to the state CID to issue a Prisoner in Transit (PT) warrant for Naidu in the APSFL (fibernet) case.
The CID was directed on Thursday to present Naidu before the court between 10 am and 5 pm on Monday.Though Naidu did not get any relief from either the ACB court in Vijayawada, the AP High Court or the apex court, he can come out of the Rajahmundry central prison for a few hours. This, after almost 35 days of incarceration.Rejecting the anticipatory bail filed by Naidu in the Fibernet case, the ACB court asked the CID to produce Naidu before the court. If the court permits, Naidu will be arrested once again and his judicial remand will be extended for another two weeks. His remand in the skill development case ends by October 19.Naidu is accused of misappropriating funds in the establishment of AP State Fibernet Ltd.According to CID, Naidu influenced the tender process of AP Fibernet Project worth `330 crore and the tenders were given to ineligible companies. "The tenders were awarded to Terasoft company in violation of the rules. The SIT investigation has revealed that a sum of  Rs 115 crore was misappropriated in the Fibernet project scam."The ACB court gave credence to the argument of CID counsel Vivekananda that while granting the PT warrant in the name of Naidu. Naidu’s counsel Dammalapati Srinivas argued that the government was acting with vengeance and was trying to prolong the incarceration of the former CM in jail.