The recent attack on TRS leader K T Rama Rao, son of TRS President K Chandrasekhar Rao is now revealed as a blackmail strategy of both TDP and Congress to malign Telengana leaders and KCR family and weaken the T movement .
The media investigations have now revealed that Hyderabad Builder Srinivas Rao, king pin in the scam had strong connections with TDP leader M Narasimhulu and said to have engineered the deal with Chandrababu Naidu two months ago and it was timed last week so that TDP chief was out of India and beyond suspicion
The Hyderabad Builder Srinivas Rao who allegedly made a settlement deal with TRS leader KTR appears to be a top rung operator who had Congress and TDP connections . He has reportedly duped Rs.70 crore to BI and Rs.25 crore to Union Bank but failed to get Rs 50 crore loan from Syndicate bank for his failed real estate ventures. TRS leader Satish Reddy was roped in to involve KTR name ,.
His connections included former DGP Pankaj Dwivedi and several secretary level IAS officials whom he made use to call up Banks to extend loans to him. It is alleged that he was using the name of TRS leaders to threaten the builders of Odisha to get back his sum of Rs. 10 crore, part of his commission in a building deal.
