Two arrested in Chennai for cheating company of ₹3.20 crore, in face mask scam
The Hindu
A fertiliser company in Chennai was duped into investing crores for face masks and gloves, police said
The Central Crime Branch (CCB) of the Chennai City Police has arrested two persons who allegedly colludedwith a former Deputy General Manager of the Indian Telephone Industries (ITI) Ltd., a public sector company of the Union government, for cheating a city-based fertiliser company to the tune of ₹3.20 crore.
In connection with the fraud, the city police, in August last year, arrested K. V. N. Rajan of Ambattur, DGM of ITI Ltd (Tamil Nadu and Puducherry), who allegedly approached ICMC Pvt. Ltd., a fertiliser company in the Ambattur Industrial Estate, claiming that they had bagged the order to procure face masks and Nitrile gloves to meet the demand at government hospitals to fight COVID-19.