INSUBCONTINENT EXCLUSIVE:
HYDERABAD: The founder-chairman of a Hyderabad-based firm and his associate from Bhopal were arrested by Enforcement Directorate (ED)
Wednesday.Srinivas Raju Mantena, chairman of Mantena Constructions, and his associate Aditya Tripathi of Arni Infra and a resident of
conspired with a large number of infrastructure companies, mostly based in Hyderabad, and a few senior government officials and IT service
providers of MPSEDC (Madhya Pradesh State Electronics Development Corporation Ltd) to tamper e-tenders and illegally obtain big
contracts.The investigating agency was acting on the basis of an FIR filed by Bhopal police against Hyderabad-based Max Mantena Micro JV and
According to the FIR, it has been established from the IP access logs that Osmo IT Solutions Pvt Limited of Vinay Choudhary and Varun
Chathurvedi had misused the login credentials provided by Antares and had illegally tampered the e-tenders and changed the bid values of
surge in successful bids in the last few years either directly or in association with other Hyderabad-based companies
The sleuths had raided more than 20 premises of the accused and others linked to the case in Hyderabad, Bhopal and Bengaluru this month and
seized some digital devices and recorded statements of some people."Mantena has played a crucial role in the entire scam
With the assistance of his friend Tripathi he set up a front entity Arni Infra in Bhopal and used it to route funds for hawala activities
employees were aware of any real ground level works and were serving on paltry salaries."Fund-trail has shown unexplained financial
transactions between Mantena Constructions and Arni Infra with the accused directors of Osmo IT Solutions, who are already in the custody of
