Now Reading: KTR seeks CAG probe into Hyderabad PM Ekta Mall tender
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KTR seeks CAG probe into Hyderabad PM Ekta Mall tender
BRS working president KT Rama Rao has demanded a CAG probe into the Rs 2,059.81 crore PM Ekta Mall project in Hyderabad, alleging a massive scam. In a letter to Union Finance…
The Story in Brief
BRS working president KT Rama Rao has demanded a CAG probe into the Rs 2,059.81 crore PM Ekta Mall project in Hyderabad, alleging a massive scam. In a letter to Union Finance Minister Nirmala Sitharaman, KTR said the tender disproportionately benefits a private developer consortium led by Vamsiram Builders, despite the project using prime public land and Rs 202 crore in central assistance.
KTR flagged that the government's minimum share is only around 9 lakh sq ft while the developer gets at least 18 lakh sq ft. He also questioned the routing of an interest-free Rs 200 crore loan through Telangana Trade Promotion Corporation to the developer. Siasat.com and India Today report KTR demanded the tender be cancelled and no further funds released until an independent investigation.
The Indian Opinion
Both BRS and Congress have a track record of trading corruption charges in Telangana, making this another round in a predictable cycle. The real test is whether KTR will push for a CAG investigation with the same vigour if BRS returns to power, or if this is just political theatre. The public should watch if the Centre actually stops funds or if the project proceeds on schedule.
Sources (2): siasat.com, indiatoday.in
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
