The Satyam controversy has finally started making its presence felt in a big way on the politics of Andhra Pradesh. Announcing a grand
non-Congress alliance, Telangana Rashtra Samithi (TRS) president K Chandrasekhar Rao said on Thursday that there was no question of sailing with the Congress after the Satyam fraud. This was even as TDP supremo N Chandrababu Naidu, CPM state secretary B V Raghavalu and CPI leaders Survaram Sudkhakar Reddy and K Narayana charged at a joint press conference here that chief minister Y S Rajasekhara Reddy had "personally negotiated with some companies the possible takeover of Satyam Computer Services" before B Ramalinga Raju made his confessional statement admitting to fraud. This was in the intervening period between the stymied effort by Satyam to take over Maytas and Raju's confession. The leaders dubbed the Satyam episode as a Rajaskehara Reddy-Ramalinga Raju joint scam and hinted that YSR knew about the state of affairs at the company much before it became public.
The joint press conference was held after a four-hour long meeting of the new alliance partners at the residence of Naidu on Thursday. Chandrasekhar Rao said he was having internal consultations with his now finalised alliance partners for a few weeks but had a taken a firm decision not go with the Congress only after the Satyam scam came to light. Though TRS had parted way with the Congress a few months ago and was showing signs of tying up with the TDP, immense pressure was being borne on Chandrasekhar Rao by sections of the Congress to tie up with the party once again.
All the leaders asserted confidently at the press conference that there was enough evidence to prove that the chief minister had direct interest in the Satyam group. Quizzed about the Congress allegation that it was Naidu who had promoted Ramalinga Raju, Chandrasekhar Rao said: "Yes, it was Naidu who made Raju share the dais with then US president Bill Clinton
. At that time, Satyam's dealings were clean and it was among the top companies. But things changed after Rajasekhara Reddy became the CM."
"The CM should explain whether or not he was informed by Raju about his plans to take over Maytas," Rao said.
Source:Timesofindia
non-Congress alliance, Telangana Rashtra Samithi (TRS) president K Chandrasekhar Rao said on Thursday that there was no question of sailing with the Congress after the Satyam fraud. This was even as TDP supremo N Chandrababu Naidu, CPM state secretary B V Raghavalu and CPI leaders Survaram Sudkhakar Reddy and K Narayana charged at a joint press conference here that chief minister Y S Rajasekhara Reddy had "personally negotiated with some companies the possible takeover of Satyam Computer Services" before B Ramalinga Raju made his confessional statement admitting to fraud. This was in the intervening period between the stymied effort by Satyam to take over Maytas and Raju's confession. The leaders dubbed the Satyam episode as a Rajaskehara Reddy-Ramalinga Raju joint scam and hinted that YSR knew about the state of affairs at the company much before it became public.
The joint press conference was held after a four-hour long meeting of the new alliance partners at the residence of Naidu on Thursday. Chandrasekhar Rao said he was having internal consultations with his now finalised alliance partners for a few weeks but had a taken a firm decision not go with the Congress only after the Satyam scam came to light. Though TRS had parted way with the Congress a few months ago and was showing signs of tying up with the TDP, immense pressure was being borne on Chandrasekhar Rao by sections of the Congress to tie up with the party once again.
All the leaders asserted confidently at the press conference that there was enough evidence to prove that the chief minister had direct interest in the Satyam group. Quizzed about the Congress allegation that it was Naidu who had promoted Ramalinga Raju, Chandrasekhar Rao said: "Yes, it was Naidu who made Raju share the dais with then US president Bill Clinton
. At that time, Satyam's dealings were clean and it was among the top companies. But things changed after Rajasekhara Reddy became the CM."
"The CM should explain whether or not he was informed by Raju about his plans to take over Maytas," Rao said.
Source:Timesofindia
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