Yanamala Demand ACB or CBI probe Into Jagan’s Bribes In power purchase Agreement

Former Finance Minister Yanamala Ramakrishnudu has demanded that the state government immediately conduct an ACB or CBI investigation into YSRCP chief and former Chief Minister YS Jaganmohan Reddy, who received bribes in the power purchase agreement.

He lamented that this was another big quid pro quo deal and said that the American investigation agency has concluded that the bribe money reached Jagan. He said that the courts in that country will know what the investigation agencies in America will do in this case.  Stating that the money reached AP and Jagan took the bribes, he deplored that the people of the state are the ones who will lose as it is all the people’s money.

He was angry that Jagan was ready to take bribe money and burden the people. He demanded that the state government take immediate action without calculating the odds after getting solid evidence. Yanamala  asked whether to recommend a CBI investigation or order an ACB investigation be done immediately.

The US court indictment of Gautam Adani has revealed more details about the incidents that took place during Jagan’s tenure. ‘‘Adani personally met Andhra Pradesh Chief Minister Jagan several times. On August 7, 2021, Adani met Jagan. They discussed the failure to reach power purchase agreements. Bribes were offered. After that, they met on September 12 and November 20,’’ the US investigative agencies revealed.

The US stock market regulator Securities and Exchange Commission (SEC) also confirmed in its investigation that internal messages were shared among Adani Group companies that the agreements were finalized after Adani’s meetings with Jagan. The FBI did not directly use the words Jagan’s name/Chief Minister, but it said that he was an ‘Indian citizen’.

It said that it had evidence that the key person in the government and Adani had often spoken on the phone. The SEC, however, did not hesitate to say that it was the Chief Minister who met Adani, and that there was evidence that key decisions were taken only after that.

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