Amaravati Insider Trading...4,075 Acres!

Update: 2019-12-27 12:57 GMT
Cabinet Sub-Committee appointed by YCP Government found out that as many as 4,075 acres were bought by TDP Leaders before the announcement confirming Amaravati as the new capital. Huge parcels of land were purchased by Heritage Foods, Lingamaneni and Vemuri Hariprasad. Even former Ministers P Narayana, Paritala Sunitha and Prathipati Pullarao had direct involvement in land deals. TDP Leaders purchased 900 acres of assigned lands from SCs, STs misusing the power.

Shockingly, White Card Holders in Hyderabad bought lands worth crores as per the records. CRDA limits were altered several times during the TDP rule to facilitate insider trading.

Minister Perni Nani told, 'A thorough probe will be conducted on Amaravati land deals upon seeking the opinion of Legal Experts. Lokayukta, CID or CBI inquiry will be ordered'.

Political Career of several TDP Leaders might end if YCP Government could prove they purchased large parcels of land in Amaravati. Would the State Government will be able to takeover lands bought through insider trading?
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