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Monday 23 January 2012

 
YELERU SCAM:
Unprecedented corruption took place in land acquisition and compensation to thedisplaced in Yeleru canal works. Role of a judge and several TDP leaders was alleged in the scam worthRs 100 crore. Court even faulted four senior IAS officers, but Babu regime did not take any action againstthem. Justice Somasekhara Commission could not complete the inquiry as Babu and his men createdseveral legal hurdles for it making it impossible for the commission to function.
MANGANESE MINES LEASE:
Chandrababu government leased out 223.84 acre manganese mines inVizianagaram district to SK Swaragi & Co in February 2001. Interestingly, the same mines were leased toAP Mineral Development Corporation in 1999 for a period of 10 years. To help Swaragi, the stategovernment cancelled the lease agreement with APMDC. Obviously money changed hands in the deal.
LAND ALLOCATION TO IMG BHARATHA:
This is the biggest of all scams. Though being a care-taker chief minister, Chandrababu allocated 400 acres land in the prime Gachibowli locality in Hyderabad at Rs50,000 per acre as against the market value of over Rs 2 crore per acre. This land belonged to theUniversity of Hyderabad. Chandrababu played a key role in chosing Billi Rao and Prabhakar Rao, in thescam and used them as a front to siphon away money.
L&T SCAM :
L&T had been Chandrababu’s pet company. Within four days of swearing-in as chief minister on Sept 1, 1995, Chandrababu allotted 148 acre land in the upmarket Madhapur area to L&T.Within one year, he allocated another 18 acres and subsequently another 78 acres had been allocatedto the company. The then joint collector submitted a report to the state government stating that about100 acres land had been encroached upon by L&T. But, the report was swept under the carpet.
RAHEJA IT PARK SCAM :
100 acres land was allotted to Raheja IT Park for peanuts in the costlyMadhapur area. About Rs 50 crore changed hands in the deal.
EMMAR PROPERTIES:
Chandrababu allotted 700 acre land to EMMAR Properties at throw away price.Congress party leveled serious allegations of corruption in the deal and demanded a CBI probe. But, trueto his style, he never agreed for a probe into the deal. Violating all conditions, EMMAR Propertiesdivided the land into plots and sold them. Surprisingly, Chandrababu’s daughter-in-law also owns a plotin EMMAR Properties.
KAKINADA PORT:
Chandrababu entered into a deal with the then Malaysian prime minister MahathirMohammed. His son Farzan Ahmed floated Kokanada Sea Ports and here too L&T joined theconsortium. Besides, some TDP leaders also joined the projects and it is no secret that they wereChandrababu benamis. The TDP regime allocated 168 acres at throw away price. In return, MahathirMohammed facilitated Chandrababu’s investments in hospitality industry in Malaysia.
HERITAGE FOODS:
This is family concern set up near Chandragiri in his native Chittoor district. It wouldhave been an ordinary business not drawing anyone’s attention, but for the fact that Chandrababumade amendments to the dairy policy in the state. The amendments were such that they suitedHeritage Foods while badly hitting the cooperative dairy sector. The classic case is the prestigiousChittoor Dairy which was floored by Chandrababu to the benefit of his company.While other dairies in the state increased milk procurement price due to shortfall in milk production,Chittoor dairy was forced to reduce the milk procurement price. As a result, farmers in Chittoor districtsold milk to Heritage Foods for better price. In 1994-95, Chittoor dairy milk procurement has come comedown to 76,000 litres per day from two lakh litres. Tirumala Tirupati Devasthanams too stopped buying

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