The construction of Amaravati, the new capital of Andhra Pradesh smacks of a major financial scam, if one were to go by the allegations of the YSR Congress party.
Senior leader of the party Botsa Satyanarayana on Tuesday alleged that the Naidu government was looting lakhs of crores of public money in the name of capital.
He demanded that the government should come clean on the capital city dealings and place all the records in public domain, besides complying with the Centre’s policy on partnerships with private parties in wake of the heavy involvement of Singapore in the deals for infrastructure development.
“One of the signatories of the MoU on behalf of the Singapore Government resigned from the job and joined as CEO of the two private companies that merged into one, which later into an agreement with the Naidu government for Amaravati construction,” Botsa said.
This is blatantly commercial in nature and the State should explain and place the records on public domain as to with whom the it is dealing with and how could the signatory on behalf of Singapore government suddenly become the CEO of the two companies that bagged the contract.
"Such commercial manipulations lead to massive corruption and the land acquired from poor farmers cannot be given to the foreign companies on a platter. People need to know about the deal in details," he said.
