According to Congress leader Madhu Yashki, KT Rama Rao was an indirect investor in Call Health, a company owned by controversial businessman Teja Raju.

Telangana min KTRs assets increased because of corruption alleges Congs Madhu Yashki
news Telangana2018 Sunday, December 02, 2018 - 15:09

Senior Congress leader Madhu Yashki on Saturday lashed out at caretaker IT Minister KT Rama Rao and alleged that the 423.657% increase in assets that the senior Telangana Rashtra Samithi (TRS) leader’s family was only the tip of the iceberg. Yaskhi said that one of the main reasons for KTR’s growth in assets was Call Health, a company in which the Minister was allegedly an indirect investor.

“In 2016, KTR announced that he was on a tour to Singapore and Malaysia to meet investors and bring a huge amount to Telangana, which would create more jobs. He was not only accompanied by higher officials, but also by a controversial businessman Teja Raju, son of Rama Linga Raju from the scam-hit Satyam Computers,” Yashki alleged in a statement.

“In what capacity did Teja Raju accompany KTR to Singapore and Malaysia? What was his contribution? Even if someone had to accompany the Minister, weren’t there any other businessman other than the tainted one. The entire money that the KCR family made in the scam, we assume was parked out of India, especially in Singapore and Malaysia. KTR personally took Teja Raju and toured with him across Singapore and Malaysia. The money made here in Telangana was parked in these two countries and was re-routed to Teja Raju’s company, Call Health,” he alleged.

He also showed pictures of KCR and Teja Raju together, to reporters who had gathered.

Besides alleging that KTR was an indirect investor in Call Health, the senior Congress leader also claimed that Teja Raju got Rs 1,500 crore worth of subcontracts even after having failed in infra company.

KCR and TRS are yet to respond to the allegations.

Meanwhile, Yashki also claimed that the TRS would lose in the upcoming polls and exuded confidence that the Congress-led People’s Front, comprising Telugu Desam Party (TDP), Telangana Jana Samithi (TJS) and CPI, would win.

Telangana is set to go to the polls on December 7 and the counting of votes will take place on December 11.


Click here to follow TNM's coverage of the Telangana Assembly Elections 2018.

Show us some love and support our journalism by becoming a TNM Member - Click here.