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Basavatarakam Cancer Hospital files Rs 12.79 Cr fraud case

Basavatarakam Cancer Hospital files Rs 12.79 Cr fraud case

HYDERABAD: The management of the Basavatarakam Indo American Cancer Hospital & Research Institute lodged a complaint with the Banjara Hills police after finding a case of cheating and breach of trust. The case involved nine projects with an expenditure of `12.79 crore.

Police have registered cases, including against a managing director and two senior executives, based on the complaint, sources said.
In his complaint, hospital general manager and head of human resources Sk Saleem told police that Venkatapathi Raju, general manager of maintenance and projects, had issued fake certificates claiming completion of projects.
Naveen, a senior purchasing executive, was accused of manipulating purchase orders and submitting altered documents. It was reported that Naveen did not show up for the internal interrogation organized by the hospital management.
Srinivas Goud, a senior manager in the stores department, was responsible for modifying orders and making records related to materials supplied by various suppliers.

This case also allegedly involved several suppliers such as Vasavi Traders, Sri Bhavani Lines and Mohini Enterprises, among others, according to the complaint. A police officer said no one had been arrested so far. Management said it would provide a detailed audit report.