N Chandrababu Naidu allegedly involved in insider trading in Amaravati capital

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Amaravati: TDP chief and former chief minister N Chandrababu Naidu is among the several TDP leaders allegedly involved in insider trading in Amaravati capital region, according to a report by the Andhra Pradesh cabinet sub-committee. The sub-committee submitted its detailed report to Chief Minister YS Jagan Mohan Reddy on Friday ahead of the cabinet meeting. The ruling YSRCP government is planning to initiate a CBI, CBCID or Lok Ayukta inquiry into the matter. Apart from Naidu, the report mentioned Vemuru Ravi Kumar Prasad, an NRI, who is a close associate of TDP leader Nara Lokesh, former minister Paritala Sunita, former MLA GVS Anjaneyulu, realtor Lingamaneni Ramesh, and TDP MLA Payyavula Kesav who were allegedly involved in insider training in the capital region. The committee has found that “while choosing the capital area and defining its boundaries, a select group of people benefitted.