Nation Current Affairs 25 Sep 2018 Probe sought into N ...

Probe sought into N Chandrababu Naidu ‘fund abuse’

DECCAN CHRONICLE.
Published Sep 25, 2018, 1:22 am IST
Updated Sep 25, 2018, 3:19 am IST
He said the AP government on the recommendation of APNRT had approved hundreds of smallscale IT companies.
Chief Minister N. Chandrababu Naidu
 Chief Minister N. Chandrababu Naidu

Hyderabad: A PIL has been moved before the Hyderabad High Court seeking a court-monitored investigation by a multi-disciplinary SIT into alleged misappropriation of funds from the AP exchequer by Chief Minister N. Chandrababu Naidu, minister Nara Lokesh, former minister Palle Raghunath Reddy and Mr Ravi Kumar Vemuri, CEO of AP Non Residential Telugu Society. 

Advocate J. Sravan Kumar moved the petition questioning the action of Mr Naidu and other respondents in allocating thousands of acres to shell and ‘sleeping’ IT and other industries to earn Rs 25,000 crore for their personal gain.

 

He said the AP government on the recommendation of APNRT had approved hundreds of smallscale IT companies, thereby granting crores worth incentives in the name of skill training.

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Location: India, Telangana, Hyderabad




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