Khammam, Aug 23, 2025:
A major controversy has erupted in the Khammam cotton market after reports of fake trade bills (chess books) being used for cotton exports came to light. The incident has sparked shock among traders and raised serious concerns over regulatory lapses in the market administration.
Fake Bills Used for Cotton Exports
According to sources, a trader allegedly printed duplicate cotton trade bills belonging to another trader and used them for exporting cotton to a reputed company in Guntur, Andhra Pradesh.
The malpractice was exposed when the Guntur-based firm cross-verified the bills for their state-level input records. The numbers did not tally, leading the company to initiate an inquiry. When officials traced the documents back to Khammam market, the scam of fake bills came to light.
Alleged Protection for the Accused Trader
Surprisingly, despite clear evidence, no formal case has been registered against the trader caught with the duplicate bills. Market insiders allege that senior officials and members of the market governing body are attempting to protect the accused through internal compromise efforts.
Past Allegations Against Officials
This is not the first time the chief market officer has faced allegations. In the past, several complaints were raised against his functioning, but he reportedly continued in service due to political influence and connections.
Traders are now questioning whether such protection encourages malpractice and damages the credibility of one of Telangana’s most important cotton trade hubs.
Growing Concerns Among Farmers and Traders
Cotton farmers and traders worry that such fraudulent activities could affect not only the market reputation but also the fair pricing system. If unchecked, the malpractice could discourage genuine traders and disrupt the transparent functioning of the cotton trade in Khammam.
Key Highlights:
- Fake cotton trade bills created using another trader’s records.
- Cotton exported to Guntur-based firm with duplicate bills.
- Scam came to light when invoices failed to match official tallies.
- Despite evidence, no case registered; compromise attempts alleged.
- Past allegations against market officer raise suspicion of political protection.