Payyavula exposes AP government’s Rs. 25 Crores loans

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Today, Payyavula Kesha has exposed the deals that the Andhra Pradesh government made with various banks while giving surety to the Rs. 25 Crores loan that it has taken. This has now become the talk of the town in AP, and hot news in AP political circles.

The details of these loans were not known to the public and were not even submitted in the Assembly, and when asked why, Finance Minister Buggana said that there was no need for that as the AP government had given no sureties for the loans that it took. However, according to the proofs that Payyavula has exposed today, the AP government made a deal with these banks that all kinds of taxes and income on liquor would all go to these banks, and that this would continue for 25 years.

This is now shocking everyone, as the AP government didn’t feel it necessary to tell this to the people of the state, as they are the ones who should be knowing about it first. In fact, the AP government is said to have asked these governments to keep this matter a secret, which is wrong on the part of the government, as the public has every right to know the truth as they are the taxpayers. It is now to be seen what will happen here on.

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