The Visakhapatnam police have arrested 10 persons for allegedly stealing and illegally selling manganese cargo belonging to a shipping and logistics company in Visakhapatnam. The police seized 500 metric tonnes of manganese cargo, estimated to be worth ₹80 lakh, and ₹35 lakh in cash allegedly generated from its sale.
According to the police, the case was registered at Harbour police station based following a complaint lodged by N. Manohara Sriramachandra Prasad Dora, director of Marine Marvels Shipping and Logistics Private Limited, Visakhapatnam. The company is reportedly associated with relatives of a Visakhapatnam MLA.
The complainant stated that the cargo had been stored at the S4 stack yard in the Visakhapatnam Port area and was subsequently being transported to another company in Atchutapuram between March and August 2026. During an internal inquiry, the company found that approximately 1,086 metric tonnes of manganese cargo was missing, following which a complaint was lodged with the police.
According to the investigation, the company supervisors Bobby, J Ramakumar allegedly colluded with with Jagadish, a supervisor associated with another company, and several persons from the One Town area to misappropriate the manganese cargo.
The accused, who had been entrusted with supervisory and security responsibilities, allegedly diverted the cargo for illegal financial gain, causing a loss to the company.
The stolen cargo was allegedly sold through city-based brokers, who allegedly arranged for the manganese to be sold on the black market to buyers in other States.
Published - October 13, 2026 07:43 pm IST