1 hr ago

Ramya Rao Alleges KCR Family Amassed Wealth During Rule

Ramya Rao Alleges KCR Family Amassed Wealth During Rule
KCR’s family usurped state’s wealth during 10-yr rule, fumes Ramya Rao · thehansindia.com

Ramya Rao, a Congress leader, accused the family of former Telangana Chief Minister KCR of gaining wealth improperly.

She made the accusations at a press conference in Hyderabad.

She focused especially on properties allegedly connected to Joginipally Santosh Rao.

Ramya said Santosh Rao and his relatives owned several plots, buildings and farms.

She also questioned how a large commercial complex in Nanakramguda was acquired.

She alleged that some properties were held by other people as proxies.

She further claimed that money transfers through hawala were used to obtain some assets.

The article reports allegations, not findings that the claims were proven.

Key facts

Speaker
Ramya Rao, senior TPCC leader and KCR’s niece
Location of press conference
Gandhi Bhavan, Hyderabad
Period under discussion
KCR’s decade-long rule
Commercial property cited
A commercial complex in Nanakramguda, allegedly measuring about 21,000 square feet
Value cited
Rs 21.40 crore in one estimate and Rs 150 crore at current market value
Other locations mentioned
Kudurupaka, Chinna Shapur, Vardhapalli, Markook, Banjara Hills and Kondapur
Overseas property mentioned
A property referred to as “JS Ranch” in Australia

Quotes

Ramya Rao

Senior TPCC leader and K Chandrashekar Rao’s niece

“KTR, both you and I are the grandchildren of Raghava Rao. I am KCR’s niece; Kavitha and I belong to the same family. So, why is Santosh Rao—who has no blood relation to the family—staying with KCR? Santosh amassed wealth unscrupulously by leveraging power. When Santosh Rao amassed wealth illegally and had Kavitha and me driven out of the house, why did you remain silent? Is Santosh Rao your benami (proxy)? Why are you afraid?”
thehansindia.com

Sources

Related news