KCR Helped Megha In 60,000 Crore Scam: Congress

AICC spokesperson S Jaipal Reddy today alleged that Telangana caretaker Chief Minister K Chandrashekar Rao had been diverting the state's funds to Andhra contractors like Megha Krishna Reddy of the Megha group of companies that includes Megha Engineering & Infrastructure.

He also slammed KCR for spending 30% more funds than necessary on the various irrigation projects, and inflating the expenditure on Kaleswaram project by a whopping 200%, the additional money being the commissions to the ruling party leaders.

Speaking to the media at Gandhi Bhavan on Monday, Reddy alleged that KCR had allocated contracts worth Rs 43,436 crores to Megha Constructions for irrigation projects, and contracts for Mission Bhagiratha projects worth Rs 14,000 crores to Koya Constructions, another company owned by Krishna Reddy. No government in the country had allocated so many works to a single company, he claimed. And not even an acre of land had received water from the contracts awarded to Krishna Reddy, he said.

Another bunch of irrigation works contracts worth Rs. 17,000 crores were given to the Navayuga group, also owned by an Andhra businessman, Jaipal Reddy alleged.

He said that he was ready to prove how much commission was given to KCR by those companies, and challenged KCR to prove the allegations wrong. He also said that not a single irrigation project had been completed in the last four years, but that the state had taken debts of Rs. 2 lakh crores to pay for them.

The Congress would order an inquiry into the "corrupt" practices of the TRS government immediately after returning to power, Reddy said.