Investigation Heats Up! 🚨
Hey guys! Big news from Andhra Pradesh! CM Chandrababu Naidu's government has launched a massive investigation into Raghava Constructions, owned by Telangana minister Ponguleti Srinivas Reddy. This all started when Raghava Constructions snagged a juicy ₹1,600 crore contract during Y.S. Jagan Mohan Reddy’s tenure as AP's CM.
What’s the Fuss About? 🤔
So, back in December 2022, Raghava Constructions got a contract to lay underground electric cables in flood-hit areas of Andhra Pradesh. But here's the catch – the project allegedly hasn't even started after a year and a half! And guess what? The project’s estimated cost was allegedly ₹1,116 crore, but it was awarded for ₹1,599.93 crore. People are saying this is because Jagan and Ponguleti are super tight!
Naidu’s Action Plan 🔍
Naidu’s team isn't taking this opportunity lightly. They've sent notices to Raghava Constructions, demanding to know why the project is delayed and why the costs are so high. Plus, they're digging into past Income Tax raids on Ponguleti’s properties. Apparently, he used his political connections to dodge trouble before!
Political Dynamics 🌐
Ponguleti’s political journey is a wild ride! He started as a YSR Congress Party (YSRCP) MP from Khammam, jumped to Bharat Rashtra Samithi (BRS), and then switched to Congress. Now he's a big shot minister in the Telangana cabinet. And rumor has it, Jagan’s been backing him all along. Naidu’s all about transparency and wants to make sure public funds are used right.
What’s Next? 🚀
This whole saga is shaking up the political scene in Andhra Pradesh and Telangana. The investigation’s outcome could change the game for future contracts and the political futures of everyone involved. Stay tuned!
Keywords: Naidu, Telangana, Ponguleti, Raghava Constructions, Jagan
