5 hrs ago
Revanth Alleges University Account Held Over Rs 400 Crore
Chief Minister A Revanth Reddy made several allegations about colleges and university funds.
He said an account connected to a former chief minister’s associate had more than Rs 400 crore.
He questioned where that money came from.
He also said the earlier government used college inspections to pressure some college owners.
Revanth Reddy accused the earlier government of treating colleges differently when setting fees.
He said some colleges had stayed quiet when student fee payments were delayed.
Now, he said, those colleges were trying to pressure his government.
He promised that fee reimbursement would go only to genuine colleges that pass required checks.
He also said the money is meant for students, not college managements.
Chief Minister A Revanth Reddy alleged that a university account linked to a close associate of former Chief Minister K Chandrashekhar Rao held more than Rs 400 crore.
Revanth Reddy questioned the source of the funds in the account.
He accused the previous BRS government of using vigilance inquiries to pressure colleges and encourage political defections.
The Chief Minister alleged that college fees were selectively increased for institutions favored by the previous government.
He said fee reimbursement would go only to genuine colleges cleared by vigilance and enforcement inquiries and complying with Centre regulations.
- Who
- Chief Minister A Revanth Reddy made the allegations, referring to a university account linked to a close associate of former Chief Minister K Chandrashekhar Rao and the previous BRS government.
- What
- Revanth Reddy questioned an account containing more than Rs 400 crore and outlined conditions for college fee reimbursement.
- Where
- Hyderabad.
- When
- Friday.
- Why
- He said the fund source needed to be questioned and that reimbursement should be limited to genuine colleges meeting vigilance, enforcement, and Centre regulations.
Key facts
- Alleged account balance
- More than Rs 400 crore
- Account link
- A university account allegedly linked to a close associate of K Chandrashekhar Rao
- Previous government criticized
- The BRS government
- Reimbursement condition
- Only genuine colleges cleared in vigilance and enforcement inquiries would receive reimbursement
- Regulatory requirement
- Colleges must comply with Centre regulations to secure funds
- Purpose of reimbursement
- Reimbursement is intended for students, not college managements
- Additional allegation
- Officials were allegedly denied entry into a college despite Supreme Court orders
Sources
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