ORDER :

1. This petitioner/A.37 has filed the present Criminal Petition invoking the provisions of Sections 437 and 439 of the Code of Criminal Procedure (Cr.P.C.) seeking regular bail pertaining to Crime No. 29 of 2021, registered at the C.I.D., Police Station, Amaravati, Andhra Pradesh.

2. The petitioner, along with others, stands accused in a case involving the offences punishable under Sections 166, 167, 418, 420, 465, 468, 471, 409, 201, 109 read with Section 120(B) of the Indian Penal Code, 1860 (referred to as 'IPC'), and Sections 13(2) read with Section 13(1)(c) and (d) of the Prevention of Corruption Act, 1988 (referred to as 'PC Act').

3. The case against the petitioner and others is as follows:

i. Based on a report dated 07.09.2021 filed by the Andhra Pradesh State Skill Development Corporations (APSSDC) Chairman, Crime No. 29 of 2021 was registered by the CID. The report asserts that APSSDC, established on 13.12.2014 by G.O.Ms.No.47 (HE) (EC.A2) Department, collaborated with SIEMENS on a project to impart Hi-end technology to trainers. APSSDC sent a team to evaluate existing SIEMENS Centres of Excellence in Gujarat. Negotiations resulted in the agreement to establish SIEMEN