Tension gripped Hyderabad as K.T. Rama Rao, BRS working president, took the stage Wednesday to expose what he deems Chief Minister A. Revanth Reddy’s hidden empire. Centering on KLSR Infrastructure, KTR demanded federal probes into its benami operations.
‘This isn’t just a company; it’s a mask for the CM,’ KTR declared, backing claims with documents tracing KLSR’s role as Revanth’s alter ego. Insolvency clouds hang over it, yet financial flows persist unabated.
Supreme Court notices to Telangana underscore the absurdity: bankruptcy proceedings underway, but mega-deals and judicial tinkering? KTR called it a governance red flag waving high.
The CM’s phone-tapping circus in Davos, birthing an SIT, was dismissed by KTR as deflection artistry. He urged focus on real issues plaguing the state.
Action items from KTR: instant investigations, freeze KLSR ops till verdict, blacklist, scrap illicit tenders. History lesson—2018 agency strikes hit KLSR amid Revanth Reddy’s Congress leadership, media buzzing with connections.
NCLT insolvency followed, but CM tenure allegedly unlocked troves: ₹6,000 crore across Amrit, Jal Jeevan, residential schools, irrigation, roads. Enter Sai Maurya Estates, brother-in-law’s venture; 2018 tax raids unveiled their cash tango.
2023 disputes escalated to NCLT, moratorium in place—yet land hoards via proxies. KTR asserted Revanth’s puppet-mastery, citing past agency hauls. This showdown tests Telangana’s anti-corruption resolve amid fierce political crossfire.