Stories
BRS Demands ED Probe Into Revanth Reddy Family Assets, Congress Dismisses Charges
- •Bharat Rashtra Samithi former Corporation Chairman Manne Krishank demanded an Enforcement Directorate probe into the alleged business interests and assets of Telangana Chief Minister A Revanth Reddy and his family.
- •Krishank claimed the family accumulated assets worth over Rs 50,000 crore and alleged financial irregularities linked to entities like Medicover Hospitals, Maxbien Pharma, and Geetha Automotive.
- •The BRS leader challenged the Chief Minister's family to a public discussion and stated he would submit documents regarding the allegations to top national leaders.
- •The ruling Congress strongly dismissed the accusations as politically motivated, asserting that the Chief Minister's family has no business connections with Medicover Hospital.
- •Telangana government whip Ramachandra Naik countered the allegations and challenged leaders of the BRS family to face an inquiry into their own assets.
Key Questions Answered
BRS former Corporation Chairman Manne Krishank alleged that Telangana Chief Minister A Revanth Reddy and his family members accumulated assets and business interests worth over Rs 50,000 crore, raising questions about companies like Maxbien Pharma, Medicover Hospitals, and Geetha Automotive. He demanded an independent Enforcement Directorate investigation into these financial transactions and ownership structures.
Telangana government whip Ramachandra Naik rubbished the BRS allegations, stating that Revanth Reddy's family has no business connections with Medicover Hospital and that the hospital had sold a stake to a foreign entity as part of its expansion. Congress dismissed the claims as politically motivated to divert attention from the BRS KCR family's own asset inquiries.
BRS working president KT Rama Rao previously accused Telangana CM Revanth Reddy and his family of involvement in a massive TDR scam, claiming they indiscriminately purchased Transferable Development Rights from displaced persons to profit from new real estate regulations. KTR alleged that these actions set the stage for a major financial scandal.
