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Showing posts with label KVP. Show all posts
Showing posts with label KVP. Show all posts

Thursday, April 3, 2014

Titanium Scandal exposes more scams during the late Y.S.R era

The United States Department of Justice indicted Mr. K.V.P. Ramachandra Rao for his role in the "Titanium Scandal". The full text of the indictment can be read here.

Maybe people have not realized the full impact of this scandal and the potential other scandals it can expose. The Central Bureau of Investigation has to start a new investigation (or re-open the existing investigation) from this new information that has come to light against Y.S.R's soul-mate. Also, licenses for every mining related activity granted during the late Y.S.R's regime need to be investigated.

This throws up an old culprit from the Emaar Scam mentioned in this blog -> Mr. Koneru Prasad of the Trimex Group. Interestingly, Mr. Koneru Prasad's Trimex group was granted mining licenses for Titanium and other minerals in Andhra Pradesh. Also interestingly, Mr. Koneru Prasad is running for elections from guess which party, the Y.S.R congress party!!! Looks like all the scamsters have setup a party to start new scams!!!  He has spent some time in jail, just like the chief of his party!! The CBI needs to investigate Mr. Koneru Prasad's Trimex group and how the licenses for mining were obtained to mine rare minerals of Andhra Pradesh.


And the prime benefactor of all these scams during the Y.S.R era of course is Mr. Y.S. JaganMohan Reddy, who fortunately for him, did not sign or participate in the backroom deals and hence avoided getting indicted by the US DOJ. However, KVP's indictment ties him indirectly to these scams.

Will the Indian government hand over Mr. KVP to the US? Probably not, since he has a lot of dirt on kick backs paid to the higher ups in the Congress Party during YSR's time.

Wednesday, April 10, 2013

Crony of Corruption: K.V.P. Ramachandra Rao

The Central Bureau of Investigation is stated to have said that they don't have evidence against K.V.P. Ramachandra Rao to arrest him. Mr. K.V.P. Ramachandra Rao, known mostly as KVP, is a clever and cunning individual. He only acted as an advisor to YSR and did not sign on any piece of paper, so there is no evidence against him any of the malaise of corruption permeated by the late YSR and his son, Y.S. Jagan. KVP has amassed a massive amount of wealth beyond his known sources of income. It is public knowledge that his and his wife's relatives are now an enriched lot. KVP has purchased hundreds of crores of benami assets on most of his relatives names. All the CBI needs to do is go after all the relatives.

KVP's nephew, Krishna Mohan, is the prime benami in this sordid saga. It is alleged that he carried suitcases full of cash to the Congress biggies in New Delhi, during the YSR era and post YSR's death.

KVP has also parked most of his ill gotten wealth in the emirates of Dubai and Ras Al Khaimah. His son is posted in Dubai to convert all this illegitimate wealth to white money by laundering it one way or the other.

CBI needs to investigate all the above and arrest this crony of corruption.

Wednesday, May 23, 2012

K.V.P. Ramachandra Rao, the Chief Architect of the Quid-Pro-Quo scams

The main beneficiary of the Quid-Pro-Quo scams during the tenure of the late Y.S. Rajasekhar Reddy is Y.S. Jaganmohan Reddy. However, the brain behind the methodology and the strategy was Dr. K.V.P. Ramachandra Rao, the close confidante of Y.S.R. He is alleged to have drafted an elaborate plan to enable YSR and his family amass massive wealth if he were to become a Chief Minister in 2004. The grandness and scope of the plan was such that it kept only a single term in mind for execution of the plan to amass wealth that would enable YSR and his family/friends to live in a grand manner for countless generations. The reward he got for this grand plan was a cut/hafta/commission in every deal to the tune of 25%. He even advised YSR to share the spoils with the powers to be in the Congress office in New Delhi so that they don't cause any problems with their plans. He arranged timely transport of suitcases and briefcases to New Delhi whenever there was a need for funds. It is alleged that these suitcases and briefcases came in handy during the 1-2-3 nuclear agreement vote as payoffs. With this intimate knowledge of how much money was sent to New Delhi and to whom it was handed off to, KVP has the power to bring down the Congress higher ups. Hence, he is being protected from prosecution in this scam which is his brainchild.