GMR group in fix as probe into projects by Telugu Desam begins
Posted June 28th, 2019, 11:17 AM IST
Infra giant GMR group has landed in a peculiar situation following Chief Minister Y.S. Jagan Mohan Reddy’s decision to unravel the alleged corrupt practices of the previous Telugu Desam government in awarding irrigation contracts and infrastructure projects.
The GMR group will come under the scanner for receiving “undue” favours from then Chief Minister N. Chandrababu Naidu in the Bhogapuram International Airport project and a greenfield port project in Kakinada.
On the other hand, it will stand as a “witness” to what the Chief Minister described as Mr Naidu’s looting of the exchequer by buying power from Lanco and Spectrum at a premium, while ignoring the low-cost power of GMR.
The Chief Minister on Wednesday appointed a five-member Cabinet sub-committee to review the various decisions of the previous government and submit a report in six months.
The GMR group will come under the scanner for receiving “undue” favours from then Chief Minister N. Chandrababu Naidu in the Bhogapuram International Airport project and a greenfield port project in Kakinada.
On the other hand, it will stand as a “witness” to what the Chief Minister described as Mr Naidu’s looting of the exchequer by buying power from Lanco and Spectrum at a premium, while ignoring the low-cost power of GMR.
The Chief Minister on Wednesday appointed a five-member Cabinet sub-committee to review the various decisions of the previous government and submit a report in six months.
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