Andhra Pradesh politics saw a new major development today as TDP chief Chandrababu Naidu was arrested by AP CID police in Nandyal today. He is currently in Vijayawada and he is expected to be interrogated by the AP CID soon.
In this connection, YSRCP bigwig and Jagan's trusted associate Sajjala Ramakrishna Reddy has come up with a clear explanation regarding the case that has been filed against Chandrababu Naidu. This also explains the real reason why Naidu was arrested in connection with the case.
"Chandrababu Naidu blatantly squandered people's money. The scheme itself which was announced by the then CM Chandrababu through a Government Order (GO) was a bogus scheme. It involved the setting up Center of Excellence worth Rs 3300 crores and more as per GO No. 4 which was issued in June 2015 by the TDP government."
"As per the GO, Rs 3300 crores would be spent, of which 90% by Siemens and 10% by the AP government for the setting up of the centre. However, later an MoU was entered between Siemens, Design-Tech, and AP Skill Development Board. It was mentioned as a Rs 371 crore government-aided project. This means Rs 371 crores was paid to Design-Tech as per the MoU."
"They have violated the GOs, and there was no mention of Rs 3300 crores anywhere. The money was released under the directions of Chandrababu Naidu. This is a blatant crime, that is looking public money masterminded by Chandrababu Naidu."
