Chandrababu Naidu screamed his lungs out about YSR's corruption and he still is screaming about corruption in the congress party. Back when he was chief minister, he had his share of loot. Here is what the late YSR had to say:
Dr. Rajasekhara Reddy made a frontal attack on Mr. Chandrababu Naidu for alleged corrupt practices, often quoting a report carried recently by a website titled ``Andhra CM Chandrababu Naidu: richest politician in India,'' the gist of which was subsequently published by The Statesman. Amidst wild Telugu Desam protests, he declared that Mr. Naidu's was a glaring case of ``disproportionate assets to known sources of income'' meriting a CBI probe. He stated that Mr. Naidu, while being in power as Chief Minister, amassed wealth to the tune of Rs. 2,000 crores, and spent Rs. 3 crores each in the Badvel and Giddalur by- elections.
Dr. Reddy gave a long list of assets purported to have been acquired by the Chief Minister through ``corrupt means'' and they included 120 acres of land at Hitech city and an orchard at Madhapur, both in Hyderabad, a shopping mall in Malaysia, a hotel in Singapore, 100 acres of land at Gopalpur in Orissa, a nursery of synthetic pearls run with technology from a Central institute in Visakhapatnam, and 45 acres on Hosur road, near Bangalore, which was planned for his corporate office, another unit of his Heritage Foods and a fruit pulp factory.
He alleged that all these acquisitions were made through corrupt means, recalling that Mr. Naidu himself had specified Rs. 36,000 as his sole income from agriculture in an affidavit filed before the High Court in 1989 while dealing with a petition filed by Mr. P. Changal Reddy, and took the same to Rs. 20 crores in 1994 disclosing his assets before the Legislature Secretary. Could a person increase his income to Rs. 20 crores within five years he questioned, amidst desk-thumping by Congress members. The Congress floor leader alleged that "crores changed hands" for giving licences to short-gestation power plants and for allowing IMFL trade at rates higher than those in Karnataka.
The Congress leader quoted the Chief Minister as saying to his Cabinet colleagues last year that ``our influence at the Centre remains undamaged with whoever is in power,'' and said, the Chief Minister developed a clout at the Centre and learnt the art of ``manipulating and managing everybody.'' He mentioned about Mr. Naidu having some ``financial advisers,'' including chairmen of a financial consultancy firm and Global Trust Bank with the latter extending ``advances'' to the Telugu Desam for electoral purposes. He said because of such nexus, the GTB vouched for Andhra Pradesh Government to the tune of Rs. 151 crores on three different occasions, quoting an internal memo issued by the Reserve Bank of India. He also alleged that Mr. Naidu had a "vested interest" in shifting Government funds from State Bank of Hyderabad to UTI Bank and GTB at different points of time, denying the benefit to Andhra Bank which, in fact, was serving people in several ways.
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