We all know that the current AP CM Jagan Mohan Reddy was charged with the disproportionate assets cases in the term of the CBN’s rule. Though Jagan was not in any commanding position, his business sectors were alleged with a lot of corruption activities. Now, with Chandrababu served as Chief Minister for an entire term, Jagan is doing exactly the same to his political Rival.
In today’s riveting assembly sessions, Finance Minister Buggana Rajendra Prasad revealed the details of the insider trading of Amaravati lands by the TDP leaders including Chandra Babu. He alleged that CBN bought 14.25 acres in Kanteru village of Tadikonda Mandal while Siva Ramakrishnan Committee is touring the capital region. He precisely mentioned the survey numbers and really caught them with proofs in his hand.
Earlier, addressing a news conference in the national capital, he said Naidu and his “benamis” (proxies) purchased vast tracts of lands at throwaway prices in Amaravati by misleading people that the state capital will come up at other places. Terming it as a sensational scam, Jagan said the lands of Naidu and his “benamis” were also exempted from land pooling under which lands of farmers and others were acquired.
These details prove that a lot of scam, which is often termed as ‘insider trading’ has happened in Amaravati in CBN’s rule. This is an excellent ploy form the YSRCP government to keep the mouths of the TDP shut when the whole assembly busy in passing the new decentralisation bill that belongs to three capitals for Andhra Pradesh.