CM alleges graft by Naidu in capital construction

CM alleges graft by Naidu in capital construction
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Says I-T and other Central agencies are probing the former CM for ‘looting’ public money during his tenure

Vijayawada: Chief Minister YS Jagan Mohan Reddy alleged that former chief minister N Chandrababu Naidu and his associates were facing investigation from I-T and other Central agencies for 'looting' public money between 2014 and 2019.


Corroborating the sequence of events explained by the IT minister G Amarnath in the Legislative Assembly earlier on how the TDP president made holes to the exchequer by forcing the agents of contractors to pay commissions, the Chief Minister explained the alleged modus operandi adopted by Naidu. He accused Chandrababu of stooping down to such lows that he had forced L&T and Shapoorji Pallonji, the contractors of Secretariat, High Court, the Assembly and the TIDCO houses to pay commissions for awarding the contracts.


He alleged that commissions to the tune of Rs 156 crore were rerouted to his pockets through shady companies. These companies which got the bogus sub-contract work orders were run by his close associates, the CM claimed. Apart from Chandrababu, his secretary Srinivas and Manoj Vasudev Pardasanny, who played a role in transferring the commissions are facing investigation from the Central agencies, he said, adding that the former chief minister has already received I-T notices. The I-T Appraisal Report, prepared after the I-T raids on Srinivas and Manoj says that crores of rupees was siphoned off on behalf of Chandrababu through these people.


While the TDP president pocketed public money and misused it for buying public representatives in elections and for selfish political gains, his government has been working hard to improve the lives of the poor by implementing plethora of welfare schemes and transferring money directly into their accounts through DBT, Jagan Mohan Reddy said.

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