Jagan cheated banks in the name of Amravati: Pattabhi

Thursday, September 19, 2024

The TDP Spokesperson Pattabhi has come up with new allegations on their arch-rival YS Jaganmohan Reddy. Pattabhi with the CAG report of 2019-20 questioned the corruption of the YSRCP Government regarding its diversion of funds.

Pattabhi stated that Jagan and his camp have cheated not just the residents of Andhra Pradesh but also the banks in the name of the capital. He added that Jagan lied to everyone about talking about three capitals when he later changed it to only Visakhapatnam in recent times. According to the TDP’s spokesperson, Jagan has raised a total of Rs 3,013 crores of loans from some National Banks of India and later diverted them to some other accounts to use for other personal things. He backed his allegations with the CAG report and referred the page number 50 to prove how the AP CM got loans in the name of developing Amravati as the capital through the CRDA.

However, the lies came into the picture when the central agency CRISIL demoted the rank of A+ given under CBN’s regime to A- recently as the state failed to develop the capital. Not just that but the bank officials who came to recover the loans and interests found no one from the CRDA as they have no answer to give to the bank officials because the AP Govt had already diverted and used all the loan amounts way back. Pattabhi listed Jagan along with Nirav Modi and Vijay Mallya who cheated the national banks for whopping amounts.

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