The issuance of summons by the Central Bureau of Investigation (CBI) on former Union minister and Telugu Desam Party Rajya Sabha member Y S Chowdary alias Sujana Chowdary for questioning in a bank fraud case has led to various speculations in the social media.
The central agencies – CBI, Enforcement Directorate and Income Tax department – have been systematically dealing with the bank fraud cases involving Sujana Chowdary for the last few months and building up strong evidences against him.
All these years, Sujana has been managing to avoid all the investigations through his connections at the Centre.
Since he was the Union minister till March 2018, nobody could dare touch him, but once he came out of the cabinet following TDP president N Chandrababu Naidu’s face off with Prime Minister Narendra Modi, troubles started for Sujana.
According to reports, it is very difficult for the TDP MP to escape this time. At present, he is being questioned by the CBI in Bengaluru and once they establish the evidences, he is most likely to be arrested.
“The Parappana Agrahara on the outskirts of Bengaluru city is getting ready for Sujana and he cannot escape from the arrest,” a report in a section of social media said.
The case pertaining to evasion of repayment of loans taken by Best & Crompton Engineering Projects, an electrical equipment manufacturing company promoted by Sujana and a sister concern of Sujana Group of Industries.
Based on the complaints lodged by three banks the CBI Bengaluru registered three FIRs against him. The banks said the total loss caused to the consortium of banks accounts to Rs 364 crore by Best & Crompton Engineering Projects.
The company had allegedly got loans through fraud accounts from Central Bank of India (Rs 133 crore), Andhra Bank (Rs 71 crore) and Corporation Bank (Rs 159 crore). It also submitted false statements, as per the reports.
Manchu Vishnu Ridicules ‘Scared of KCR’ Comments
But, the actor who forayed into politics hasn’t spell out his opinion on student suicides in Telangana while the opposition is protesting and agitating against Intermediate board and state government for the irregularities. Mohan Babu, being an educationalist, runs his organizations both in Telangana and AP. While the prime parties in AP – TDP and Jana Sena- made an appeal to Telangana government to take necessary action immediately, Mohan Babu and his party (YSRCP) are tightlipped about it.
Though the debate and protests on the issue are still on, a response from YSRCP is highly unlikely, and it is further highlighting their partnership with TRS which started off with an official meeting between KTR-Jagan ahead of polls.
But, an interesting part of the story would be Manchu Manoj’s tweet. The actor, recently, seconded CM Naidu’s tweet in which the TDP chief urged the youngsters to make their parents and nation proud with their knowledge. Supporting Naidu’s statement, Manoj said: ‘Life is not just about education. Hope all the students and parents stop prioritizing and stressing on educational ranks at least now.’
Off late, amid growing criticism on movie stars for not reacting to the issue, Manchu Vishnu today came up with a tweet: “It’s unfortunate and horrible that we have lost 20 brothers and sisters because of the mistakes and our deepest condolences lie with their families. I strongly believe that if the Govt does not react to this heinous act, then it surely attracts criticism. We live in a democracy, and as far as I know @KTRTRS is a very proactive and pro student politician & yes Mr. KCR is known to be a firebrand but for a reason and he isn’t a dictator. So instead of blaming the T Govt, I would stress on concentrating first to know the real cause.”
“Some factions are also stating that the film fraternity are ‘scared’ of Mr. KCR and I’d like to say that these people have a great imagination. There is no truth to this. My concern lies primarily in finding the reasons first so we can prevent such an atrocity in the future.”