Rs 30 crore corruption in Smart City project

Kochi: Tecom has found that there was huge corruption in the construction of building construction in the Smart City project here. The initial finding suggest a corruption to the tune of Rs 30 crore has taken place. It has been alleged that after purchasing building materials that were low on quality, the price of good quality building materials were quoted. It also found that low quality recycled steel was used for the construction. There are also reports that after finding it, the Tecom asked to remove CEO from the post. A fresh audit has been started in the smart city to estimate the losses.

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