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Our stand is vindicated: YSRCP

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Our stand on N Chandrababu Naidu’s corruption is vindicated with the IT raids on his close associates, which have been taking place for the last five days, said Minister Botsa Satyanarayana.
The minister said that the scandal of Rs 2000 crore is just superficial evidence of a much larger scam perpetrated by Naidu in looting thousands of crores from the public exchequer.
The fact that we could save a huge amounts through Reverse Tendering shows the level of corruption during the TDP term.
He said the IT raids on Naidu’s personal secretary Pendyala Srinivas have also identified that shell companies were involved which belong to the Kilari Rajesh, who is a close associate of Nara Lokesh along with Prathipathi Sharat, son of former minister Prathipati Pulla Rao and TDP member who runs RK Infra company.

“The raids were conducted at 40 places belonging to these people. Right from the beginning, we have been telling about the huge corruption that took place in the name of capital construction. Naidu turned Amaravati development into a real estate venture. Naidu had called for tenders for Rs 46,000 crores just before elections and awarded them to his close associates,” he said.

“The tenders are indeed a big scam where the contract values were hyped. Soon after forming the government, we cancelled all those tenders where the works have not started and held those where works commenced. After careful examination of the works and tenders, we gave the clearance. Through reverse tendering we were able to save the excess amount, which earlier went into the pockets of the near and dear of Naidu. In TIDCO housing, Rs, 392 crores has been saved from the project value of Rs 3,239 crores. Similarly, in the Polavaram project, Rs 800 crores has been saved.”

Meanwhile, YRCP MLA Ambati Rambabu said Naidu and his Lokesh should immediately be arrested in view of the incriminating evidence found in the IT raids conducted on Naidu’s former personal secretary. Speaking to the media here, he said if assets worth Rs 20,000 crore could be found in the house of the personal secretary of former chief minister, one should imagine how much Naidu could had amassed during his rule. He said people know how corrupt Naidu was and that is why they gave his party just 23 seats at the hustings.

He asked why Naidu was not reacting when IT raids were conducted on his cronies and added that Naidu and his son Lokesh were hiding in Hyderabad to escape the wrath of the people. He said the yellow media supporting Naidu was silent on the issue. Where is Pavan Kalyan now, why is he not reacting? asked the MLA.