INTERPOL issues red-corner notice against KVP Ramachandra Rao
April 23, 2014 - Hyderabad
INTERPOL on Wednesday issued a Red-Corner notice against KVP Ramachandra Rao who is allegedly involved in an international corruption scheme involving bribing worth $18.5 million to government officials to allow the mining of titanium minerals in Andhra Pradesh.
A news agency said that the American agency is having talks with the Indian Government for his arrest. American investigating agency (FBI) has sought INTERPOL assistance in titanium scam and money laundering case in which the Andhra Pradesh politician is alleged involved. The Central Bureau of Investigation (CBI) which represents INTERPOL in India has forwarded the RCN to the Hyderabad police for necessary action. Rao was among six persons, who were charged in the US for their suspected role in titanium contract case. He along with five others were charged with one count each of racketeering conspiracy and money laundering and two counts of interstate travel in aid of racketeering. The others involved are Hungarian businessman Andras Knopp, Suren Gevorgyan, of Ukraine, Gajendra Lal, an Indian national and permanent resident of the US who formerly resided in Winston-Salem, North Carolina, and Periyasamy Sunderalingam of Sri Lanka.