2 weeks ago
BJP Demands Criminal Cases Against Kakinada TDR Scam Accused
In the city of Kakinada, special value certificates called TDR bonds were given out.
Some people say these bonds were given illegally to private people, so the city lost a huge amount of money — 500 crore rupees.
A special government team called Vigilance and Enforcement looked into what happened.
A political party called the BJP read the team's report.
The BJP is angry and says the people who caused the loss should be punished.
They say some officials who approved the bonds were not questioned.
The report names a former local politician, Chandrasekhara Reddy, as being involved.
The BJP also wants the city to get its money back.
They will write a request to the chief secretary asking for a bigger investigation.
The BJP says they warned the city's officials about this problem before, but nothing was done.
The Bharatiya Janata Party (BJP) has demanded criminal action in the alleged Rs 500-crore Transferable Development Rights (TDR) bonds scam in Kakinada.
The demand follows a Vigilance and Enforcement (V&E) department inquiry into the irregular issuance of TDR bonds.
BJP district president Bikkina Visweswara Rao said the inquiry left out members of the TDR scrutiny committees who approved the bonds.
The V&E report implicated former Kakinada MLA Dwarampudi Chandrasekhara Reddy in the scam.
The BJP plans to submit a representation to the chief secretary seeking a wider probe, recovery of the Rs 500 crore, and arrests of those responsible.
- Who
- The Bharatiya Janata Party (BJP) in Kakinada, led by district president Bikkina Visweswara Rao and senior leader Duvvuri Subrahmanyam; the V&E report names former MLA Dwarampudi Chandrasekhara Reddy.
- What
- Demand for criminal cases, a wider probe, recovery of Rs 500 crore, and arrests of all those involved in the alleged TDR bonds scam.
- Where
- Kakinada, involving the Kakinada Municipal Corporation and the state government.
- When
- Not specified in the article.
- Why
- Because of the alleged irregular issuance of TDR bonds causing a Rs 500 crore loss and alleged inaction by authorities despite prior alerts from the BJP.
Key facts
- Alleged scam amount
- Rs 500 crore
- Affected body
- Kakinada Municipal Corporation
- Investigating body
- Vigilance and Enforcement (V&E) department
- Party demanding action
- Bharatiya Janata Party (BJP)
- Named in inquiry
- Former Kakinada MLA Dwarampudi Chandrasekhara Reddy
- Main demands
- Criminal cases, wider probe, recovery of funds, and arrests
- BJP leaders quoted
- Bikkina Visweswara Rao and Duvvuri Subrahmanyam
- Alleged prior alert
- BJP says it warned authorities, including special officer Krithika Shukla, but no action was taken
Sources
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