Chandra Babu Naidu Scams: Please Read This And Know The Facts & - TopicsExpress



          

Chandra Babu Naidu Scams: Please Read This And Know The Facts & Share The Facts........................... Note:Dont Think Bored That I Have Posted A Long Description.It is The Extent Of NCBNs Scams........What Can I Do? 1.When Chandrababu entered politics his father, owner of two acre land, was ekingout his livelihood by farming. His mother used to support the family by selling milk and curd in the surrounding 2.In 1988, Chandrababu’s annual income was Rs 36,000 and in a decade it went up to Rs 19.29 crore. Chandrababu, in a document submitted to Company Law Authorities claimed that he had no businesses. Then, how did he earn crores of rupees is a big question. villages of Naravaripalle. 3.His present friend and foe in 2004 elections, CPM in a conservative assessment estimated that the scams during TDP regime would worth Rs 12,367 crore. There could be another Rs 10,000 crore worth scams, which could not be exposed. **********Here just a tip of his corruption ice berg*********** 4.LIQUOR SCAM: One of the major scams of Chandrababu Naidu was the liquor scam in which Rs 600 crore tax payers money was paid to three liquor manufacturing companies in excess between 1997 and 2000. State Vigilance and Enforcement Department gave a detailed report on how Babu regime bent the rules to favour the three companies and how others were denied sale in AP. (In fact The Hindu then wrote a front page piece on the scam too). An important file pertaining to the scam was literally consigned to flames by Chandrababu, who later went on to obtain a stay from the High Court on technical grounds so that he would not be examined. 5.YELERU SCAM: Unprecedented corruption took place in land acquisition and compensation to the displaced in Yeleru canal works. Role of a judge and several TDP leaders was alleged in the scam worth Rs 100 crore. Court even faulted four senior IAS officers, but Babu regime did not take any action against them. Justice Somasekhara Commission could not complete the inquiry as Babu and his men created several legal hurdles for it making it impossible for the commission to function. 6.MANGANESE MINES LEASE: Chandrababu government leased out 223.84 acre manganese mines in Vizianagaram district to SK Swaragi & Co in February 2001. Interestingly, the same mines were leased to AP Mineral Development Corporation in 1999 for a period of 10 years. To help Swaragi, the state government cancelled the lease agreement with APMDC. Obviously money changed hands in the deal. 7.LAND ALLOCATION TO IMG BHARATHA: This is the biggest of all scams. Though being a care-taker chief minister, Chandrababu allocated 400 acres land in the prime Gachibowli locality in Hyderabad at Rs 50,000 per acre as against the market value of over Rs 2 crore per acre. This land belonged to the University of Hyderabad. Chandrababu played a key role in chosing Billi Rao and Prabhakar Rao, in the scam and used them as a front to siphon away money. 8.L&T: L&T had been Chandrababu’s pet company. Within four days of swearing-in as chief minister on Sept 1, 1995, Chandrababu allotted 148 acre land in the upmarket Madhapur area to L&T. Within one year, he allocated another 18 acres and subsequently another 78 acres had been allocated to the company. The then joint collector submitted a report to the state government stating that about 100 acres land had been encroached upon by L&T. But, the report was swept under the carpet. 9.RAHEJA IT PARK: 100 acres land was allotted to Raheja IT Park for peanuts in the costly Madhapur area. About Rs 50 crore changed hands in the deal. 10.EMMAR PROPERTIES: Chandrababu allotted 700 acre land to EMMAR Properties at throw away price. Congress party leveled serious allegations of corruption in the deal and demanded a CBI probe. But, true to his style, he never agreed for a probe into the deal. Violating all conditions, EMMAR Properties divided the land into plots and sold them. Surprisingly, Chandrababu’s daughter-in-law also owns a plot in EMMAR Properties. 11.KAKINADA PORT: Chandrababu entered into a deal with the then Malaysian prime minister Mahathir Mohammed. His son Farzan Ahmed floated Kokanada Sea Ports and here too L&T joined the consortium. Besides, some TDP leaders also joined the projects and it is no secret that they were Chandrababu benamis. The TDP regime allocated 168 acres at throw away price. In return, Mahathir Mohammed facilitated Chandrababu’s investments in hospitality industry in Malaysia. 12.HERITAGE FOODS: This is family concern set up near Chandragiri in his native Chittoor district. It would have been an ordinary business not drawing anyone’s attention, but for the fact that Chandrababu made amendments to the dairy policy in the state. The amendments were such that they suited Heritage Foods while badly hitting the cooperative dairy sector. The classic case is the prestigious Chittoor Dairy which was floored by Chandrababu to the benefit of his company.
Posted on: Wed, 05 Mar 2014 07:52:26 +0000

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