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TBS, health officials booked in 450 crore medical scam in Andhra Pradesh

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U Sudhakar Reddy    05 April 2021

Bengaluru-based TBS India Telematic & Biomedical Services Private Limited, private persons and health department officials have been booked by the Andhra Pradesh Crime Investigation Department in connection with INR 450 Crore medical equipment maintenance scam. 

The case was registered under IPC sections of cheating, criminal conspiracy, and criminal breach of trust. The company was accused of price escalations, inflated bills of non-existing equipment and raising invoices for equipment in government hospitals in Andhra Pradesh. 

The CBI has also alleged that the service provider was drawing increased maintenance charges by massively inflating the prices of the equipment, claiming maintenance charges on fudged values, billing fraud, and executing the agreement without a termination clause. 

Source: ET Healthworld

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