A partial list Samuel Reddy's financial assets

By the way, I personally have no way of verifying the information below. However, it must be true - given the unsavoury track record of the late lamented "dear leader". The burden of disproving it lies with Samuel's supporters. RIP Samuel (sic).


From: Ram N.
Subject: FW: Economical History of Y Rajsekhar Reddy and his family

A partial list of their assets
Oops, Poor YSR Family , How they survive from this global melt down.
"God bless them."

Subject: Econamical History of YSR .....

Assets gained by YS in his 5 years as Chief Minister

• Raheja Corporation land allocation for Infrastructure ( 200
acres in first phase and 300 acres in second phase)- CM’s son gets
50 percent share

• 500 acres in the 1000 acres allocation to Gangavaram port

• Brahmani Steels investment – Rs.40,000 crore - CM’s son gets 50
percent stake

• Indu and Brahmani Infotech companies get 250 acres with 50
percent stake to CM’s son.

• Rs.3500 crore investment for a six million tones Cement
factory at Kamalapuram in Kadapa district.

• Rs.6000 crore Hydro electric project -1200 MW in Sikkim - CM
son gets 50 per cent stake

• 1000 acres bought in and around Bangalore - land cost
Rs.Three crore per acre.

• Rs.250 crore commercial complex on Bannerghatta Road in Bangalore

• 25 acres land in Hyderabad, Kukkapally Housing Board location.

• 90 acres in benami bought in IT corridor area of Gacchibowli .

• 151 acres of granite mining lands in Prakasam district
,Cheemakurthi ( world famous for its black and gold granite stone )
in benami company ( Gimpex ).

• Mauritius shell companies 2 I Capital , Flury Emerging Capital
purchase 125 crore worth shares in Sandur Power Ltd –

• Benami subsidiaries : Bhagavat Sannidhi, Carmel Asia Holdings,
Harish Infra, Classic Realty, Janani Infra,Marvel Infra ,Silicon
Builders, Capstain Infra, Shalome Infra, Inspire Hotels

• Purchase of Assigned lands -1000 acres in Kandur village and
500 acres in Chitwel village of Kadapa district .

• Sakshi , newspaper with CM’s son as chairman with investment of
Rs.600 crore.
1. - 40 companies from Kolkatta, Gujarat, Chennai, Bangalore,
Maharashtra invest in Sakshi venture
2. Such unheard of investments from all over India in a Telugu
news paper venture .
3. Two investors in Sakshi - Artilians Bioinnovations and
Stocknet International listed in global stock markets- the share
priced at less than Rs. One and promoters stake only 0.3 percent
4. But both companies pay premium of Rs.350 for Sakshi scrips .
5. All companies which invested in Sakshi and Jagati publications
get Government projects – Vanpic,SEZ,Mining licenses.
6. Price Waterhouse Cooper ( PwC) of Satyam Computers Scam fame
are auditors of Jagati Publications.
7. PwC certifies that Sakshi has a circulation of 12 lakhs daily
to beget Govt Ads .
8. AP Govt giving Ads to Sakshi without ABC certificates.

• CM’s son has 50 percent stake in Rs.1200 crore 3000 MW power
project in Arunachal Pradesh in collaboration with the AP Genco and
M/s Athena Power energy and Ventures pvt Ltd .
• Tandla Solutions , another benami unit of CM’s son purchased
250 acres in Ranga Reddy district with an investment of Rs.500 crore.

Illegal occupation of thousands of acres in Kadapa District

• Though owned only 120 acres in Idupulapaya Estate CM family
grabbed over 1000 acres and built a compound wall .All these
lands belonged to assigned lands of poor, tank bed lands, temple
lands, forest lands and even roads .

• 1000 acres in Kondur village and 500 acres in Chitwel village
in illegal occupation of CM’s family.

• Bungalow constructed at Pulivendula over 5 acres land at a
cost of Rs.Three crore.

Y.S.Vivekananda Reddy

• Chief Ministers brother and MP from Kadapa constructed a
complex over 2000 sq yard land in front of Hitech City in
Madhapur worth Rs.25 crore belonging to Ghatkesar Gurukul Trust
and rented to a software company .

Y V Subba Reddy
• Buillt a Hydro project on Tungabhadra river near Rajolibanda
diversion location and affected drinking water source for
Mahbubnagar district .
• Encroached 1000 sq yards of Jublee enclave of Jaibheri in
the name of Swarnalatha Reddy and illegal lay out approved over
surplus land declared .
YSR brother Sudhikar Reddy ( son-in-law of C C Reddy , Govt Advisor)

• He is a partner in a project for mining Illuminate mineral
extraction from beach sand in North coastal Andhra coast in
collaboration with an Switzerland company Bothlitrade Inc .

B. Yuvaraj Reddy (YS cousin)

• Reports of embezzlement of Rs. 2.60 Crore in the Yuvraj Chit funds
by Yuvraj Reddy.

Ravindranath Reddy, brother-in law of YS

• Tried to grab farm lands in Denduluru village of West Godavari
district in the name of setting up a fertilizer factory .
• He was instrumental in getting the irrigation contract of
Sarvarayasagar-Vamikonda -Galeru nagari second phase works to
IVRCL through Gamon India ltd.
• Encroached 3084 sq.ds of land in Survey No 67 of Madhapur ( IT
corridor ) , regularization as land of Kothaguda instead of
Madhapur.

CM’s relatives (Biradari)

• Four acres of land worth Rs. 50 crore in Pokkalavada of
Manikonda in Rajendranagar Mandal of R R District given to close
relatives of YS in the name of Genus Sajarath Ministries for
setting up a Orphanage and Old age home, prayer hall and
recreation at a lease of just Rs. 40,000 per annum for 33 years .
• Relatives Y S Madhusudhan Reddy, Venugopal Reddy , Pratap Reddy
grab 3.15 acres of land valued at Rs.15 crore in survey no
682/4.684/4, 700/2 near S V Subba Reddy college in Kadapa town
.

Outer ring Road scam

• Bharati Reddy ( wife of CM’s elder brother )
1. Bought 8.35 acres in Kolluru in 2005 September in survey
no 148 and paid Rs.35.5 lakhs but now valued at Rs.13 crore.

• Y V Subba Reddy – Relative
1. Two acres ( survey no 25 ) in Osman sagar
2. 68.8 acres in Survey No- 117,119,121,122,123,124,125,126,
131.132.134,136,141 . Land valued at Rs.20 crore when closer to the
ring road but now valued at Rs.125 crore after alignment of the
Ring Road altered to benefit them .
• Ramasubbamma ( Another close relative)

She bought 3.28 acres in Kolluru Survey No-194/B and paid just
Rs.22.20 lakhs but today valued at Rs. Six crore.

LAND GARNERED BY THE YS RELATIVES AND FAMILY IN AND AROUND OUTER RING
ROAD IS 79.3 ACRES AND EXPECTED TO GAIN RS.100 CRORE.

Same story in Visakha Pharma city

• Parthasarathy Reddy, chairman of Hetero Drugs is a close
associate of Chief Minister.
• Hetero Drugs could get land in Visakha Pharma city and Jedcherla
Formulations SEZ at throw away prices .
• Hetero drugs later within days invested Rs.13 crores in the
Jagati publications enterprise of CM’s son .

Ramky gets cheap land

• Aeros Project , a subsidiary of Ramky an IT company also
invested Rs 7.77 crore in the Jagati Publications.
• Ramky got favors from the Government in various forms. Given
land allocations in Visakha Pharma city , exempted from land taxes
in the lands near Shamshabad airport . Got 19 acres from Housing
board for throw away price .Blessings of the Govt in its real
estate business.

Jedcherla to Jagati

• Another pharma company that benefited from investment in Jagati
is Arabindo Pharma .
• The Trident Life Sciences , a subsidiary of Arabindo Pharma
invested Rs.6.8 crore in Jagati publications.
• In turn it could get the Jedcherla formulations SEZ .
• Hetero drugs and Arabindo pharma are managing the Jedcherla SEZ.

Nadargul operators in Jagati:

• Potluri Hariprasad, the key architect in Nadargul land scandal
has also invested Rs.48.61 crore in the Jagati publications .
• Bogus companies and benami individuals mortgaged the lands of
Nadargul for a loan of Rs.800 crore.

Cement Syndicate:

• AP government favored Dalmia Cements, India Cements and Penna
Cements to sell cement at Rs. 200 per bag in turn for their
investments in Jagati Publications.