# CBI probes Rs 95 crore PMDO fraud, names Hyderabad EPC firm

2026-08-07T20:36:25+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Times of India reports that the CBI has registered a case against Rajahmundry-based Yuvaraj Power Projects and 15 others over an alleged Rs 95.2 crore Pooled Municipal Debt Obligation (PMDO) fraud. Funds sanctioned for solid waste composting and a 13 MW power plant were allegedly diverted through circular transactions. Of the Rs 88.2 crore disbursed, Rs 59.5 crore was transferred to a Gachibowli account of Pratham Envirotech Engineers. The FIR also names unidentified public servants under the Prevention of Corruption Act. The complaint was filed by IIFCL, which is owed Rs 20.6 crore.

## Coverage

- timesofindia.indiatimes.com <https://timesofindia.indiatimes.com/city/hyderabad/hyd-epc-firm-at-centre-of-cbi-probe-into-95cr-pmdo-fraud/articleshow/133041137.cms>

Tags: CBI, corruption, EPC firm, Hyderabad, IIFCL, PMDO fraud
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