YSRCP seeks inquiry in Naidu's foreign assets

Hyderabad, Feb 28, 2014:
Demanding an inquiry into the wealth Chandrababu Naidu has amassed in
Singapore, Malaysia and at other places YSR Congress has said of late the TDP
leader has been speaking out of jealousy and frustration as his electoral
fortunes are fast eroding.

“Time and again Chandrababu
Naidu has been raising the issue of converting Seemandhra in to Singapore. He
has affinity of some kind with that country along with Malaysia and Dubai as well
as he has many questionable business deals with those countries. We demand an
inquiry into his assets in the country and abroad as well,” Party spokesperson
Gattu Ramachandra Rao told reporters here on Friday.

“Malaysian Prime Minister,
Dr Mahathir Mohamad and his family have had close links with the TDP
President who has business interests in both the countries. Naidu’s family
members have economic interests in Singapore and Malaysia as well and he
frequently visits these countries.

We demand that a thorough
inquiry should be conducted in to his wealth, in the country and abroad along
with his affinity with those countries which has been prompting Naidu to
consistently say that he will convert Seemandhra into Singapore.

He faces strong allegations
of taking kickbacks in kind for allotting Hi-Tech city work to a leading
construction house which in turn has built NTR Trust Bhavan. A very popular
British organization has dubbed Naidu as very good at managing systems,
situations and people. He could usurp the power, party and symbol of TDP from
NTR using such unethical practices.

His recent promises are
coming out of frustration as he is unable to bear the popularity of YSRCP and
with the help of his friendly media houses is managing news by distorting

His friendly media has
given hyperbolic statements about his ability and earlier he could get some
sponsored surveys published which proved to be very wrong in 2004 and 2009.

“Naidu, who has been an
expert in managing events, has been telling lies that YS Jagan Mohan Reddy has
been managing national media which is far from truth. A prospective and
idealistic Party is always in the news while TDP is a party which outlived its
utility,” he said.

 As he has no chance
of getting hold of any seats, he is trying to play spoilsport and leveling
false and baseless allegations against our Party, which is marching ahead
towards a certain victory.  

TDP which has a voting
share of over 40 % when NTR was at the helm of the affairs has dipped to 20 %
during Naidu’s term in 2003 and is eroding fast. During his nine year terms he
has damaged all the sectors and created hype for himself through his friendly
media, he said.

It could not win a single
by-poll during the past five years while YSRCP has scripted tremendous victories
and the contrast well in the open.

YSRCP has credibility and
all those who quit their respective parties and contested have won with
thumping margins while Naidu’s TDP has never won an election and even lost

When asked why some of the
Congress leaders have expressed their willingness to join TDP, he said, all the
leaders who are turning towards TDP could not find a place in YSRCP and it is a
struggle for existence for them as they need a political plank.

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