TDP leader Buddha Venkanna addressing a press conference in Visakhapatnam on Thursday. , photo credit: V Raju
TDP state general secretary Budha Venkanna has alleged that the Global Investors Summit (GIS) held last week was a “ploy by the YSR Congress government” to grab thousands of acres of government land worth several lakh crore rupees in Visakhapatnam city.
Addressing a press conference on Thursday, Mr. Venkanna alleged that during the summit, the people of northern Andhra and especially Visakhapatnam city had lost sleep fearing that their land would be grabbed by YSRCP leaders. He also alleged that the YSR Congress government during the last four years made lakhs of crores of rupees through sand mining and liquor mafia.
He also alleged that the YSR Congress government has created “fake investors” with a view to grab government land in the name of setting up companies.
He alleged that after the death of former Chief Minister YS Rajasekhara Reddy in a helicopter crash, Mr. Jagan Mohan Reddy had blamed the Reliance Group for the accident. However, his friendship with Reliance Group Chairman Mukesh Ambani at the summit indicates that Mr. Jagan Mohan Reddy only wants money and nothing else, Mr. Venkanna said.