Hyderabad's Suchirindia accused of ₹6.5 crore fraud

timesofindia.indiatimes.com

Hyderabad Central Crime Station has filed a case against Suchirindia Hotels & Resorts and its managing director, Yadugiri Kiran Kumar. The company is accused of cheating the Telangana State Road Transport Corporation (TGSRTC) out of approximately 6.5 crore. According to the RTC, the issue began with a lease agreement for the Kalyana Mandapam and Kalabhavan Complex in Bagh Lingampally. This agreement was made in 2016 for a five-year period but ended in 2021. The company failed to pay the agreed license fees and continued to occupy the properties without settling the outstanding amounts. The RTC stated that even after receiving a waiver of 1.72 crore during the COVID-19 pandemic, Suchirindia did not make the required payments. Despite attempts to reduce penalty fees, the group still evaded financial obligations. The RTC claims that Kiran Kumar knowingly withheld payments while still operating the business. They also pointed out that he sought financial relief multiple times while ignoring his payments. The case remains under investigation by CCS officials.


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