DEVELOPING STORY
Chaos broke out in the AP state assembly today, when a major row broke out between the CM Reddy and the leader of the opposition, TDP's Chandrababu Naidu. Reddy challenged Naidu that he would complain to agencies, if he found fault with the companies run by his son, YS Jagmohan Reddy. He lashed out at Naidu for casting aspersions on his character and accusing him and his family of being complicit in the Satyam scandal, due to their alleged proximity with the ex-Satyam Chief, Ramalinga Raju. YSR alleged that Heritage Foods, a company promoted by Naidu's family, sold Rs 60 crore worth of land for a mere Rs 3 crore to a subsidiary Heritage Infra, thereby causing heavy loss to the shareholders.
A pandemonium broke out in the Andhra Pradesh state assembly, when a major row broke out between the Chief Minister YSR Reddy and the leader of the opposition, TDP's Chandrababu Naidu.
Reddy challenged Naidu that he would complain to agencies, if he found fault with the companies run by his son, YS Jagmohan Reddy. YSR lashed out at Naidu for casting aspersions on his character and accusing him and his family of being complicit in the Satyam scandal, due to their alleged proximity with the ex-Satyam Chief, Ramalinga Raju.
YSR then alleged that Heritage Foods, a company promoted by Naidu's family, sold Rs 60 crore worth of land for a mere Rs 3 crore to a subsidiary Heritage Infra, thereby causing heavy loss to the shareholders.
Eventually pandemonium broke out in the assembly following which the house was adjourned twice. Assembly Affairs Minister Rosaiah introduced motion of suspension of opposition members.
Following which, Speaker Suresh Reddy suspended 55 members. Members denied to leave the house and marshals had to pull the members out of house. In the bargain, one TDP MLA P Keshav was injured.
Andhra Pradesh CM had said on Tuesday that there was "nothing amiss" in the companies run by his son and challenged Leader of Opposition N Chandrababu Naidu to lodge "complaint" against them if he finds any fault.
"There is nothing amiss in the affairs of either Sandur Power Company or other subsidiaries floated by my son Jaganmohan Reddy and business partners," the chief minister had said, reacting to the allegations leveled by Naidu during the course of debate on Satyam scandal in the Assembly.
He said, "If there is anything wrong, you can approach the proper agencies with your complaint". What's wrong in it? If shares of Sakshi newspaper, floated by Jagan were sold at a higher price than the face value," Reddy added.
No comments:
Post a Comment