Proven Now that Chandrababu Naidu Is Corrupt: YSRCP

The YSR Congress Party has said that its stand on N Chandrababu Naidu as showing nepotism in pursing the World Bank-driven privatization policy had been vindicated with the revelations of P C Parak in his book Crusader Or Conspirator.

"The retired IAS officer has written in minute detail how Chandrababu Naidu pursued the World Bank dictates and went for privatization, ignoring the people's interest on one hand and showing nepotism in distributing profit-making PSUs among his coterie on the other," the party's official spokesperson Vasireddy Padma told reporters here on Tuesday.

The privatisation of the PSUs had thrown over 26,000 people out of jobs, but had benefited his close associates who grabbed the units at throwaway prices and are now managing them as private limited companies, she stated.

The author, who was then in service, has opposed many times the overzealous approach of Chandrababu Naidu towards privatization, but the TDP leader went ahead with the World Bank agenda, Parak wrote in the book. He had privatized 54 PSUs bowing to the conditions of World Bank and distributed them among his coterie.

The author had also said that the government has lost Rs. 308 crores in just a single case of Nizam Sugars. Naidu had closed down many sugar and spinning mills in the cooperative sector and gave it to his corporate circle.

"The 9-year rule of Naidu is dotted with such anti-people policies, so how can he face the people now and tell them about development as part of electioneering? His model of development has been established much earlier along with his priorities. When he speaks about development, it cannot be anything other than privatization," she said, and asked the TDP leaders to come for an open debate on the closure of PSUs and their distribution among his own people at dirt cheap prices.

Naidu had adopted a similar policy in giving away land for IMG Bharatha and Emaar in heart of the city at throwaway prices, she alleged.

She also flayed Sabbam Hari for his negative campaign on Y S Jaganmohan Reddy, and a section of media lapping up the story though the leader was speaking out of frustration and his claims that the graph of Jagan was falling were pure imagination. (INN)