AP Minister Says TDP Purchased 4070 Acres In Insider-Trading

Mon Jan 20 2020 17:43:43 GMT+0530 (IST)

The Assembly sessions of AP witnessed a heated debate on the iconic decision of the government to have 'Three Capitals' for the state, legislature, executive and judiciary each. Speaking in the house, Finance Minister of AP, Buggana Rajendranath has lashed out at the TDP party and said the party has purchased 4070 acres of land the districts of Krishna and Guntur before announcing the capital region.

"In the time between Chandrababu's oath ceremony and announcing capital, TDP leaders acquired these lands for nominal prices simultaneously diverted the people's attention. When the capital was announced, one acre of land sold for Rs 10 crore which means there is a scam of Rs 40,000 crore. TDP chief Chandrababu bought 14.2 acres at Kanteru village in the name of Heritage group," the Minister said.

The Minister went on to say that, the Sivaramakrishna committee which was constituted by the Centre clearly said that Amaravati is not good for the capital. He also said that the TDP government appointed the Narayana committee, ignoring the Sivaramakrishna committee.  

He also added that Vemuri Prasad, alleged Benami of Nara Lokesh has purchas4ed hundreds of acres in the Amaravati region. Buggana read out the records of the land purchase of TDP leaders like Payyavula Keshav, Dhulipala Narendra, Paritala Sunitha, Putta Sudhakar Yadav, and GV Anjaneyulu.