Fri, Dec 12, 2014, 05:23 PM
The first phase of farm loan waiver in Andhra Pradesh has revealed some scams and dubious transactions. Brahmananda Reddy, brother of Red Sanders smuggler Gangi Reddy of Kadappa district, has taken a loan of Rs. 1.80 crore using fake documents. He got a loan sanctioned using 412 accounts of Kadappa district farmers. The farmers complained against him and asked not to waive off his farm loan. In Vizianagaram district as well, it has come to light that a farmer had obtained a loan of Rs 18 crore using 34 accounts of farmers .