YSR Congress Party kept accusing the previous Government of indulging in Insider Trading in Amaravati Region before and after its announcement as the new capital of Andhra Pradesh. TDP Leaders, on the other hand, continued to say its just a bad propaganda to tarnish the image of their party and Chandrababu Naidu. People of AP have lots of doubts over the land deals happened in the capital region.
Chief Minister YS Jaganmohan Reddy is contemplating on ordering for Lokayuktha Inquiry on the insider trading in Amaravati. A decision on this proposal will be taken during Tomorrow's cabinet meeting.
Already, Cabinet Sub-Committee appointed by the YCP Government alleged Nara Lokesh, P Narayana and few other TDP Leaders have involvement in Insider Trading in Amaravati. The Panel estimates 4,070 acres had changed hands because of Insider Trading.
If Lokayuktha proves the allegations are true, Will the State Government take back the lands purchased by the TDP Leaders misusing the power? That's something all the Andhrites want to know!