Vijayawada: TD leader Varla Ramaiah on Tuesday alleged that Chief Minister Y.S. Jagan Mohan Reddy has conspired to divert ₹4,000 crore of loan funds raised from the RBI auction of security bonds to pay his henchmen and anonymous contractors.
In his letter to AP Chief Electoral Officer (CEO) Mukesh Kumar Meena, he demanded that action be taken against Chief Secretary Jawahar Reddy and Finance Secretary Satyanarayana for their role in the fraud.
Speaking to media persons here on Tuesday, Varla Ramaiah said that TD chief N. Chandrababu Naidu has written a letter to AP Governor Abdul Nazir against the financial fraud being done by the CS and Financial Secretary.
The TD leader said he would meet the Andhra Pradesh Governor to lodge a formal complaint against the financial irregularities being committed by Jawahar Reddy and Satyanarayana.
