ACB arrests Life Care Drugs MD in ESI scam

ACB arrests Life Care Drugs MD in ESI scam

Agency News

Hyderabad, Oct 5 :  Officials of Anti-Corruption Bureau (ACB) on Saturday arrested M/s Life Care Drugs & Pharmaceuticals Managing Director B Sudhakar Reddy in the multi-crore drug scam relating to supply of medicines to Dispensaries and Employees’ State Insurance (ESI) hospitals across Telangana.

In a statement here, the ACB said that the accused personally pursued and met the Director, Asst.Director and other officials. On account of collusion, conspiracy and common intention between them, he got purchase orders worth Rs 8.25 crore
There appeared to be no specific reason mentioned for placing such huge orders to M/s Life Care Drugs and Surgicals and M/s Life Care Pharma which belonged to the accused. The rates also are much more higher than the contract rates agreed upon and the guidelines issued by the Union and Telangana governments.(UNI)