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Row erupts in T'gana over Cong's deal with Swachh Bio

BRS leader Manne Krishank has alleged of nepotism with regards to a deal worth ₹1,000 crore with Swachh Bio, which is a recently-opened company, whose director is CM Revanth Reddy’s brother.

News Arena Network - Hyderabad - UPDATED: August 9, 2024, 01:16 PM - 2 min read

Bharat Rashtra Samithi (BRS) leader Manne Krishank - X.


Political row in Telangana has erupted between the Bharat Rashtra Samithi (BRS) and the Congress.

 

Manne Krishank, BRS leader, has accused Chief Minister A Revanth Reddy of being involved in corruption. 

 

An allegation of nepotism has surfaced in striking with regards to a deal worth ₹1,000 crore with Swachh Bio, which is a recently-opened company purportedly linked to Revanth’s family. 

 

He has demanded the Congress, including the CM, respond to these allegations.

 

While addressing the media at Telangana Bhavan, Krishank alleged that Swachh Bio’s first director is Vedavalli Sivananda Reddy, a bar owner in Uttar Pradesh, and the second director is Anumula Jagadeesh Reddy, who is Revanth’s brother. 

 

Notably, neither individual was present during the signing of the Memorandum of Understanding (MoU). 

 

Instead, Harsha Pasunoori, alleged to be a benami for Revanth’s brother, appeared in photos with the Chief Minister, he said.

 

Stating that Swachh Bio was established in July as per the Ministry of Corporate Affairs records, Krishank questioned how such a recently formed company could secure a substantial deal. 

 

He accused Revanth of exploiting State resources to benefit his family.

 

As demanded by Krishank, the Special Chief Secretary of the Industries & Commerce (I&C) and Information Technology (IT) Departments of the Telangana government, Jayesh Ranjan tried to clear the air.

 

“I have attended various government programmes and the chief minister is dedicated towards bringing development in the state. The deal with Swachh Bio is also a step in that direction, which would enable Telangana to scale new heights in terms of trade, investments and fostering connection with global leadership,” said Ranjan. 




 

 

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