TDP's Corruption Tsunami

27 Aug, 2016 21:05 IST

  • Master plan is all humbug
  • Farmers’ lands swallowed
  • Robbery under the mask of Swiss Challenge
  • Ruling TDP’s corruption story

Chandrababu’s Government has established a huge corruption kingdom in the name of Amaravathi. It has raised curtains to a huge scam under the mask of Swiss Challenge system, doing real estate business with swallowed farmers’ lands. It has gotten ready to sell developed lands in the capital area without doing any construction. If core capital is developed, the surrounding lands owned by benamis will have multiplied value. The Government veterans who have snatched hundreds of acres of lands from farmers will be benefited.

To implement this plan, the CM bluffed that Singapore had gotten ready to provide a master plan for the capital city for free due to the friendly relations he had had with the country’s Government.

APIIC (Andhra Pradesh Industrial Infrastructure Corporation) entered into an MoU with Singapore Government firm IE (International Enterprises) for making the master plan on the 8th of December in 2014. Later, the responsibility of making the plan was transferred to private companies Surbana International and Jurang International. Just like he snatched farmers’ lands unjustly the name of land acquisition, Chandrababu brought Swiss Challenge system into picture.

On the 30th of March in 2015, when Singaporean companied handed over the master plan of the capital region, the CM announced that the master developer would be selected based on Swiss Challenge system. Singaporean minister Eshwaran responded immediately and stated that Singaporean companies were competing to be the master developer. As per an agreement prior made, certain Singaporean private companies joined hands to form a consortium.

The robbery plan

  • The consortium of Singaporean companies and the Capital City Develoment and Management Corporation (CCDMCL)together formed Amaravathi Development Partner (ADC) for the implementation of startup area project and the consortium proposed for equal shares on the 30th of October in 2015.
  • But as there were benami companies in the consortium, CM Chandrababu himself suggested at Singapore during discussion on the 24th and the 25th of January that the share for the companies should be 58% and that for CCDMCL should be 42%. Who makes such a suggestion against the Government’s benefit?
  • The expenditure of Singaporean companies for the startup project is surprisingly just Rs.306.4 crore while CCDMCL, on behalf of AP Government spent Rs.221.9 crore. Then for infrastructure creation, it is to spend Rs.5,500 crore. As Singapore requested to keep it secret in a sealed cover about the share of revenue offered to the state Government by those companies, Chandrababu accepted to it.
  • The ratio of the expenditures is not at all a match for the ratio of their shares. This explains how much the companies are going to be benefited.
  • From the lands snatched from farmers, 1691 acres are being given away for the startup area project. The land on Vijayawada-Bander road values over Rs.2 lakh now. In Seed Capital area, a square yard is worth at least Rs.1 lakh, as stated by the CM himself. Then the value of the 1691 acres would be at least Rs.47,348 crore. From this the 58% share of Singapore consortium will be Rs.27,461.84 crore and the state Government’s will be only Rs.9,886.16 crore.
  • Also, the consortium is being allowed to sell the lands at any time in 25 years to come.
  • So we are giving away our lands along with rights for sale, we are spending more and benefiting Singaporean companies. This is the plan plotted by Chandrababu for mortgaging benefit of people of the state for those companies only to earn commission from those companies later.
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