Uploaded on Sep 18, 2020
Who is 420 in AP – Learn all about the politics in Andhra Pradesh and politicians like Chandrababu Naidu who were largely responsible for the corruption in the state.
Who is 420 in AP_whois420inap.me
Who is 420 in AP
Facts about the
Swiss Challenge
Scam
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Introduction
Chandrababu Naidu and Company had made a robust plan of converting the
capital city –Amaravati into a global city and siphoning Rs 66,000 crores in
the project. Even the High Court of Andhra Pradesh was unable to make an
impact on the thick-skinned robbers disguised as rulers of the government
through this fake Swiss Challenge Scam method. Despite the stay order
released by the government, the one who is 420 in AP didn’t stop from
keeping the tenders opaque and assigning them to trusted contractors.
Here we will discuss the facts about the Swiss Challenge Scan pulled up by
the former CM –Chandrababu Naidu.
Facts about the Swiss Scam
Chandrababu Naidu encroached around 34,000 acres of
land from the farmers and had allotted 1691 acres to a
consortium from Singapore for establishing the start-up
area for the project. Out of the entire space allotted
around 371 acres of land was earmarked for parks,
sewage systems, roads, and other public amenities. In the
remaining area of 1070 acres, plots were marked and
developed for the purpose of selling. And 250 acres of
land was given off free of cost to the Singapore
Consortium in two different phases.
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More about the Singapore
Consortium
The CCDMC (Capital City Development Management Company) along with
the Singapore consortium was assigned to form the Amaravati
Development Partner (ADP), which is why the government had handed
over 1691 acres of land of worth Rs 6800 crores. However, this land was
handed over free of cost to the ADP.
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More investments by the state government!
The state government further made plans about spending
Rs 5,500 crores on the stormwater drainage system to
prohibit inundation, water facilities, and other basic
requirements of a city. Besides that, the one
who is 420 in AP along with his cabinet ministers made
plans of investing Rs. 221.9 crores for ADP in the form of
equity for CCDMC. Despite such a massive amount of
investment, the actual amount received by CCDMC was
42% of the authorized bill, such was the corruption rate of
the then ruling government.
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In the guise of Management Singapore Consortium contributes to the
loot
The Singapore Consortium that made an investment of
Rs.306 crores on the project was given away 58% of the
share according to the plans made by the former CM
Chandrababu Naidu. Besides that, the Singapore Consortium
was also awarded 250 acres of land free of cost.
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