Telugu Desam Party Deputy Floor Leader Gali Muddukrishnama Naidu on Monday demanded that former government advisor K V P Ramachandra Rao be arrested in connection with disproportionate assets case against Y S R Congress president and Kadapa MP Jagan Mohan Reddy.
Talking to media persons at Telugu Desam Legislature Party office, Gali Muddukrishnama Naidu alleged that the government has not initiated action against KVP as he was staying in the Congress party. If the CBI arrests and questions KVP, he said that the probing agency would get complete details over the assets and investments in Jagan's Group of Companies.
The investors who benefitted during the stint of Y S Rajasekhara Reddy have invested large sums in Jagan's companies as quid pro quo arrangement, he pointed out. He accused that at least 75 of percent of investors have invested their money in Jagan's companies and rest has invested their investments in Ujwal, son of KVP Ramachandra Rao’s companies. “The arrest of KVP will clear the picture over the dubious investments made in Jagan's companies,” he said.
Muddukrishnamma Naidu also demanded that the dismissal of ministers from the Cabinet, who favoured Jagan in accumulation of illegal wealth.