ED complaint targets CM Revanth Reddy over 'Favouritism'
Hyderabad: Bharat Rashtra Samithi (BRS) Official Spokesperson, Krishank Manne, filed a complaint with the Enforcement Directorate (ED) against Telangana Chief Minister Revanth Reddy, alleging misuse of the CM’s office and awarding high-value contracts to family-linked companies under suspicious circumstances.
The crux of the complaint focuses on two primary entities, which include deals awarded to Shodha Constructions and KLSR Infratech. According to the complainant, Shodha Constructions was allegedly owned by the brother-in-law of Revanth Reddy and reported a total income of only Rs 7,13,113 in the financial year 2022. Despite this negligible turnover, the company was awarded a Rs 1,137 crore AMRUT tender in 2024, followed by a Rs 115 crore Singareni mining contract and a Rs 365 crore Dindi Lift Irrigation contract.
“The disproportionate scale of these contracts compared to the company’s financial background suggests fraudulent favouritism and possible laundering of public money,” said Krishank in his complaint.
Further, he alleged that the contracts benefiting KLSR Infratech, under the present government, KLSR Infratech has received several large-scale contracts, including Rs 168 crore Mission Bhagiratha contract, Rs 191 crore Lift Irrigation contract in Palair Reservoir, and Rs 319 crore Rajiv Gandhi Lift Irrigation Scheme contract.
Recalling the 2018 ED raids against Revanth Reddy and KLSR Infratech for suspected business ties, Krishank said, “The car used by Revanth Reddy as an MP was registered in the name of KLSR Infratech, confirming his links with the company. KLSR Infratech has faced scrutiny for economic offences. So, the contracts awarded during Revanth Reddy’s time raise doubts.”
BRS leader Krishank claims Telangana CM awarded Rs 2,000 Cr contracts to family firms
“Chief Minister of Telangana, Revanth Reddy has facilitated the awarding of crores worth of government contracts to companies owned by his close relatives and associates. These actions raise strong suspicions of money laundering, conflict of interest, and abuse of power,” alleges Krishank Manne in his written complaint to the Enforcement Directorate.
The facts show that the Chief Minister misused office to help family-owned businesses. These entities lack financial capacity and a good track record. This raises concerns about corruption, kickbacks, and money laundering, added Krishank. Further, the BRS spokesperson urged the ED to investigate the contracts given to Shodha Constructions and KLSR Infratech under the current Telangana government and take legal and punitive action as needed under the Prevention of Money Laundering Act (PMLA) and other relevant laws.