Naidu, YSR take fight to New Delhi


Chief minister Y S Rajasekhara Reddy and opposition leader N Chandrababu Naidu on Wednesday took their political war to New Delhi, with Naidu leading the ‘Grand Alliance’ to the national capital seeking prosecution of the CM for corruption and the state Congress wasting no time in dashing off a letter to the President demanding a central probe against the TDP president on similar charges.

Naidu’s efforts to meet the President on Wednesday and submit a memorandum listing the charges against YSR turned futile as she was said to be away in Maharashtra and not expected until Thursday evening.

Forced to stay put in New Delhi, Naidu and other leaders of his alliance spent the day meeting external affairs minister Pranab Mukherjee and holding a press conference for the national media.

Describing YSR as ‘Raja of Corruption,’ Naidu, TRS chief K Chandrasekhar Rao, CPM state secretary B V Raghavulu and CPI state secretary K Narayana charged that the CM had accumulated crores of rupees by ‘abusing his power and indulging in corruption and money-laundering.’

A four-page note circulated to the media listed the names of bogus front companies floated by the YSR family, including son Jaganmohan Reddy, through which the money-laundering was allegedly taking place.

“From the accounts of dubious transactions in respect of only three companies, ie, Sandur Power Company, Jagathi Publications and Bharathi Cement Corporation, the YSR family is richer by Rs 10,000 crore. Hence, the TDP, TRS, CPM and CPI demand immediate initiation of prosecution under the relevant laws,” the note said.

Meanwhile, the Congress Legislature Party on Wednesday shot off a letter to President Pratiba Patil urging her to institute a probe into the affairs of Heritage Foods Limited, a listed company promoted by the family members of Naidu.

The letter says, “Close on the heels of Satyam scam, we have stumbled upon yet another fraud by none other than N Chandrababu Naidu. Certain documents relating to Heritage Foods Limited clearly establish that the investors of Heritage Foods were cheated by the wife and family of Naidu in the same way as B Ramalinga Raju cheated his investors in Satyam.’’ .


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