Few days back we reported that Kalyan Srinivas Rao is facing a CBI case as he got Rs.300 Crore loan from banks and he never returned a penny in return. But K.Vijaya Rama Rao has given a clean chit to his son and said he is innocent.
He also said that he is falsely implicated in this case. He said, "I am saying this as a CBI Chief and not as a father. I shall produce all the evidence to prove my son’s innocence in a couple of days.
I am pretty confident that Kalyan would come out clean in the case. I knew everything will come out during this investigation. I just don't want to reveal the names. I knew things will get difficult for my son.
But I am sure, my son will walk out of this case." When media asked, whether Union Minister Sujana Chowadary was behind the fraud, he refused to answer and he just said, let the investigations be completed.
