Insider trading is regular buzz word in equity market. Now it is getting more popular in ap as part of change of state capital. ysrcp and tdp leaders exchange remarks on Insider Trading happened in amaravati and Vizag. ysrcp blamed that around 4,609 acres went into tdp leaders control through insider trading soon after tdp was announced amaravati as capital for Andhra Pradesh. ysrcp leaders are doing the allegations of Insider Trading in amaravati since last 4 years. It is surprised that they continued the same even after 7 months of came into power. ysrcp MLAs ambati rambabu and reddy -Latest Updates, Photos, Videos are a click away, CLICK NOW'>prakash reddy have played the video of Insider Trading that was happened after june 2014 in Amaravati.
Ambati was disclosed the names of tdp leaders like Narayana, Pullarao, Payyavula, dhulipala and heritage with details but mentioned other names like Paritala family without number of acres. When we sum of the number of acres it comes around 400 acres but Ambati said that 4K acres on a whole without disclosing the details. Why the ysrcp not submitted the details of other 4K acres of land? Don’t they have any proofs? Why Jagan government didn’t make any enquiry on tdp insider trading in Amaravati? CBN was challenged ysrcp govt on insider trading but Jagan government not ready to take the challenge even the party ruling. ysrcp leaders too bought land along with tdp leaders in Insider Trading. ysrcp video presentation leaves many questions and doubts among the people.
To counter Ambati, tdp former mla bonda Uma gave retort to ysrcp on insider trading. bonda press meet surprised many. tdp was disclosed the list of ysrcp MLAs who bought lands in amaravati region. tadikonda mla sridevi, mangalagiri mla rk and Pedakoorapadu mla Sankara Rao were bought the lands in CRDA region. bonda questioned that ysrcp MLAs bought the lands which is legal how it turns to illegal when it comes to TDP. bonda also said that ysrcp leaders bought huge acres of land near vizag since 6 months. YSRCP’s political strategy is not correct in insider trading. people came to known new names from YSDRCP leaders who bought land in amaravati region. If they continued to do the same allegations repeatedly people may chance to ignore their allegations.