Central Bureau of Investigation (CBI) sleuths in Chennai are on the lookout for a woman director of an information technology firm in connection with a Rs 16 crore cheating case in Hyderabad.
“We are on the lookout for Sreedevi Chanakya, wife of K. Vijay Kumar Chanakya, son of a retired IAS official, who was on the board of Digital PC Technologies based in Hyderabad,” said a senior CBI official in Chennai on Sunday.
On Saturday, the CBI arrested Vijay Kumar Chanakya, the chairman and managing director of Digital PC Technologies, and A.V.V.S. Murthy, the general manager marketing and finance, as well as Kishore Babu, a former business development manager of SBI Global Factor Ltd.
The executives of the firm, with the help of Kishore Babu, had availed a loan of Rs 16 crore from SBI Global Factor using forged documents and did not return the money. “Kishore Babu was aware that the firm had submitted fake papers, but he sanctioned the loan,” the CBI said here.
Sources said prime accused Vijay Kumar Chanakya had links with a top police officer in Andhra Pradesh and lived in style at a plush rented house at MLA Colony in Banjara Hills. Chanakya used to entertain bank officials in posh hotels to get his loans sanctioned, CBI said.
Chanakya has warrants pending in several cases and was arrested by Hyderabad police on June 9 this year for allegedly trying to blackmail film actor Sayaji Shinde by claiming to possess CDs purportedly showing Sayaji with other women.
Hyderabad crime branch wing had also arrested Chanakya in November last year in a cheating case.