Begin typing your search above and press return to search.

Babu's Advisor In Switzerland Jail

By:  Tupaki Desk   |   3 Sep 2018 8:52 AM GMT
Babus Advisor In Switzerland Jail
X
Former MP Undavalli Arun Kumar questioned TDP Government what is the need for offering Amaravati Bonds at high interest rate of 10.36 percent for raising just Rs 2,000 crore. 'Offering Rs 17 crore for just brokerage is what the transparency CM has been talking about? AP Government should reveal the names of 9 individuals who invested on Amaravati Bonds. It should disclose the maths for Rs 1.30 lakh crore debts in the past four years. What has the Government done with it?,' he asked.

Undavalli pointed out Pascal who suggested Vision 2020 while serving as Chandrababu Naidu's Advisor is now in Switzerland Prison. He told, 'Taxes on Petrol and Liquor in AP are higher than any other state. TDP Government receives Rs 37 out of Rs 50 worth Quarter Bottle. Governments will face the heat if Drunkards go on strike for a week'.

The Two-Time Parliamentarian recalled Switzerland-based Economist found fault with the financial planning of CM Chandrababu Naidu. He questioned, 'Whether State Government can reveal the weekly expenditure? At least, Chandrababu Naidu should disclose the expenditure in the past nine months. If that happens, he will be in jail. Babu himself admitted during Nandyal by-election that money is being offered by indulging in corrupt practices'.