Former additional director of Avexa Corporation Private Limited, Prathipati Sharath, who was arrested by the NTR Commissionerate police, was produced in the court in the early hours on Friday which remanded him to judicial custody.
Following a complaint by the Directorate of Revenue Intelligence (DRI), the Machavaram police registered a case against seven persons, including Sharath, on the charge that the accused had submitted fake bills and claimed money without laying roads in Amaravati.
Sharath, son of Telugu Desam Party leader and former Minister Prathipati Pulla Rao, of Guntur district, caused losses of several crores to the government, it was alleged.