Amaravati: Nadendla Manohar, the Chairman of the Political Affairs Committee of Jana Sena, asserted that nationalized banks blacklisted the state due to the YSRCP government’s inaction. Alleging that loans from The New Development Bank and The Asian Infrastructure Investment Bank, intended for state road construction, were not repaid on time, he claimed misappropriation of funds as the reason for the blacklisting.
Speaking at a press conference held at the party’s central office in Mangalagiri, Manohar criticized Chief Minister YS Jagan Mohan Reddy, accusing him of disregarding warnings from the Centre and tarnishing the state’s international reputation. He further stated his intention to file a complaint with the Centre regarding the alleged funds misappropriation.