Nara scion Lokesh had made a shocking allegation on Opposition Leader, YS Jagan Mohan Reddy. Lokesh alleged that he has information that Jagan wrote few letters to Singapore government asking it not to cooperate in Amaravati construction.
He reportedly warned Singapore government that its business will be ruined if they invest in Amaravati as the state is not in a good financial position to adhere to the promises made to them. Lokesh said however Singapore government did not heed to the letter and threw it aside.
There were similar allegations on YSR Congress. There were some anonymous letters to RBI Governor not to do debt restructuring of farmers loans which will help the loan waiver promise of TDP government. Naidu has in the past made it very clear and said most of the Jagan’s allegations on Amaravati are baseless citing below reasons.
Firstly AP is not dealing with private realtors in Singapore. So, real estate gains allegations go pointless and talking about corruption when Singapore government itself is involved is out of question.
Secondly, here Singapore is at bigger risk to deliver. Though Singapore had developed a world class capital for itself, it had yet to prove itself in international market by taking up something very prestigious to compete with countries like China, so here it is an opportunity for them too.
The understanding is what matters the most, it’s the Singapore Republic involved, not the private organisations.
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