YSR says money diverted from Satyam to Maytas
Almost a fortnight after the more Rs. 7,000 crore fraud of Satyam Computer Services Ltd. surfaced, the State government for the first time has conceded that the tainted company is closely related to Maytas Infra, a company that secured several projects in irrigation and other sectors in the State.
Chief Minister Y.S. Rajasekhara Reddy admitted that investigation into the affairs of one company “definitely leads to the other.” “There is talk about money from Satyam being diverted to Maytas,” he said.
Replying to queries at a press conference here on Tuesday, he said the Crime Investigation Department of the State police was probing into the affairs of Satyam and “there is no bar on them to investigate that (Maytas) also.” Replying to queries on land allotment to Satyam at Visakhapatnam, he said Satyam as a company should be differentiated and it was the erstwhile management that “defrauded the shareholders.” He replied in the negative when asked whether all the projects awarded to Maytas would be scrapped.
Officials had been asked to closely supervise work on projects awarded to Maytas. The government would “explore alternatives as remedial measures as and when it feels that the firm cannot complete the projects.”
YSR gets into electioneering mode
Attacks opposition parties for their “unholy alliance”
Chief Minister Y.S. Rajasekhar Reddy’s visit to Kurnool district on Tuesday resembled electioneering as he got into an election mode by making an earnest appeal to people to draw a comparison between the performance of his government with that of TDP five years ago.
Dr. Reddy addressed public meeting at Allagadda and Dhone in Kurnool district on Tuesday and took part in various programmers.
Saying the government had made every effort to address the issues concerning all sections, he said time had come for voters to deliver their verdict through franchise. He exhorted the voters to strengthen his hands in the election.
He said most of the promises made on the eve of election were fulfilled be it free power or remunerative prices for farm produce.
The loan waiver benefited 63 lakh farmers to the tune of Rs. 12,000 crore in the State while another 36 lakh farmers were given an incentive of Rs 5,000 each.
He said the support price of paddy was enhanced from Rs. 530 to Rs. 930 a quintal and cotton from Rs. 2,000 to Rs. 3,000. Arogyasri was a novel programme that ensured corporate health care to every poor citizen of the State. Through the 108 ambulance service free transport was provided from home to hospital.
The Chief Minister announced that social retirement pensions would be given to all members of self-help groups once they attained 60 years of age. The government was working out the small premium for scheme.
Attacking the opposition parties for their “unholy alliance”, he questioned the sincerity of the Left parties in joining hands with the very party against which they fought a bitter political battle five years ago.
On the Praja Rajayam party, he said the actor had never thought of any service during hey days of his film career. Not even he contributed any thing to his native village.
Dr. Reddy took part in a host of programmes at Allagadda and Dhone in Kurnool district. After landing at Allagadda, Dr. Reddy inaugurated the buildings of junior and degree colleges and the Rs. 5 crore water supply schemes at Harinagaram. He promised an additional amount for expansion of the scheme.
Later, he inaugurated the R and Bridge at Padakandla and MPDO’s office building before addressing the public meeting.
At Dhone, the Chief Minister inaugurated the Gurukula Residential School building and laid foundation for housing colony at Suryaprakasa Reddy and Rosaiah Nagar.
He unveiled the statue of Kotla Vijayabhaskar Reddy at Bus Stand and addressed a public meeting. MLA Kotla Sujathamma, MP Kotla Jayasuryaprakasa Reddy and others were present at Dhone and Gangula Pratap Reddy, Katasani Rambhupal Reddy and others at Allagadda.
The groups of Dharmavaram Subba Reddy and Municipal Vice-chairman Dasaratha Ramireddy clashed at venue of the meeting due to differences. One group toppled the empty chairs and tried to disturb the meeting.
However, the police intervened and controlled the situation.