Advertisement
Home PoliticsAndhra News

Insider trade in Amaravati, they are nailed

Insider trade in Amaravati, they are nailed

The much-talked about insider trade in the new capital Amaravati by the TDP is now proved in the report of the cabinet sub-committee.

The cabinet sub-committee in its report had come out with the names of those who have purchased the lands, the survey numbers of the lands and other details.

These purchases happened from the date of the formation of the government in June 2014 to the announcement of the capital by the government in December 2014.

According to the report, 4,070 acres of land was purchased by the TDP leaders including Heritage Group which belongs to the TDP chief Chandrababu Naidu’s family.

This happened between June 2014 and December 2014 and these lands are located just outside the Amaravati city limits indicating that those who purchased these lands have prior information about the capital location and its boundaries.

The sub-committee also released a list of names and the survey numbers of the lands that were purchased by the TDP leaders and their benamis during the same period and a little later.

The report found that 444.66 acres of lands, including the assigned lands of the SCs, were purchased by Naidu, his son Lokesh and other TDP leaders in the name of their SC benamis (loyalists).

The sub-committee had listed these names basing on the initial reports. But now the responsibility lies with the government to prove these charges.

The government should prove this insider trading from a political allegation to the legal crime through an enquiry and subsequent judicial process.

If these charges are proved in the court of law, then the people would support whatever Jagan Mohan Reddy says about the capital or any other project.

If that happens, for sure, it would be a death blow to the TDP, before the State goes for the next general elections in 2024.

RELATED ARTICLES

Tags: TDP Amaravati inside trading Amaravati Capital