Hyderabad, June 19 (INN): Coming down heavily on TDP and the section of media supporting it, YSR Congress has said the duo is trying to spin a story out of nothing at a time when the case against YS Jagan Mohan Reddy is weakening.
“When the comments of the Chief Minister in the assembly and other proceedings point out that there is no case against YS Jagan Mohan Reddy, TDP leaders have been parroting the single-minded version of what the section of the media has published about auditor Vijay Sai Reddy without verifying facts,” party official spokesperson Gattu Ramachandra Rao told reporters here on Wednesday.
A day after the media house publishes a mischievous story about Vijay Sai Reddy, auditor of YS Jagan Mohan Reddy’s companies, TDP leaders pop up at a press conference repeating the same version and hurling the same accusations that Vijaysai Reddy was recommended by YSR for the Director’s post of RBI besides TTD and OBC.
Every bank intends to have an auditor on its Board and if that is wrong, TDP, way back in 2000, has nominated D Sitaramaiah, auditor of NTR, N Chandrababu Naidu and companies owned by his family members and also the media house that has been publishing these stories, was made RBI Director, Southern region, TTD Chairman and also the Director of APIDC.
The auditor, who was associated with TDP first family and the media house supporting the party, was nominated to these coveted posts and when YSR recommends the name of Vijay Sai Reddy for some such posts, the party and the media house is making a hue and cry.
“If the apprehension of TDP and the media house that Vijay Sai Reddy would have swindled funds if he was made the director of RBI, how much money was misappropriated by the person who was made the RBI director of southern region and when he was made the chairman of TTD and director of APIDC,” he said.
When Margadarsi was in legal trouble should it be understood that the auditor who was earlier appointed to the most sought after posts come to the rescue of the media house owner, he asked.
Viajy Sai Reddy during his stint at Director of a bank, the adversaries alleged that he was instrumental in getting loans to Bharathi Cements. Banks always give loans to functioning and good business houses like Bharathi Cements and it is known to TDP leaders and the media house as well, he said.
Sitaramaiah, the auditor in question, is still associated with TDP and is the member of the NTR Trust of which N Chandrababu Naidu is the Managing Director and his wife Bhuvaneswari the other member.
“The activities of the Trust are under scanner and there are many doubts as it is a private property and TDP should come out clean keep the details of the Trust open,” he said. (INN)