Supreme Court dismisses Govt's petition over insider trading on Amaravati lands
It is a blow to YS Jagan's government as the Supreme Court has struck down Amaravati insider trading petition. The AP government has received a jolt in the Apex Court on Monday in a case involving insider trading in the acquisition of lands by certain people in the Amaravati capital area and purchasing lands for the capital region Amaravati under the previous TDP regime between 2014 and 2019.
"How can the government complain about land transactions when the farmers who sold the properties to others had no objection?" the Supreme Court questioned.