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Ex MP Undavalli Slams CM Chandrababu Over Amaravati Bonds - AP24x7

Mon, Sep 03, 2018, 03:19 PM
Former MP Undavalli Aruna Kumar has faulted AP Chief Minister Chandrababu Naidu over his stand towards Amaravati Bonds. Addressing the media, former Rajahmundry MP has questioned the Chief Minister for borrowing Rs 2000 crores by means of bonds and paying interest of 10.3% in every three months. Undavalli Aruna Kumar has also faulted the Chief Minister of his concept of transparency alleging that broker of Amaravati Bonds is likely to get Rs 17 crore with this move. He has demanded the government to release the names of nine persons who purchased the bonds.
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