Hyderabad, January 19: The Chief Minister, Mr N. Kiran Kumar Reddy, for the first time on Wednesday, took stock of the status of matters pertaining to EMAR Properties and Raheja Group, in which violation of agreements and irregularities have taken place.
The Officials explained the details of violation of agreements by EMAAR Properties and Raheja Group to the Chief Minister in a review meeting.
Speaking after the meeting, the Minister for Major Industries, Dr J Geetha Reddy, said that it was the first meeting convened by Mr Kiran Kumar Reddy on EMAAR Properties and Raheja Group issues. The officials concerned made a detailed presentation to the Chief Minister on the agreement signed between the APIIC and the two private firms and how the private companies violated the MoU and diluted the shares.
“After a keen hearing, the Chief Minister asked the officials to spell out the decision taken on the issues so far. He also made it clear that the officials and private companies, who were involved in irregularities would not be spared and action would be definitely initiated against them”, she added.
Dr Geetha Reddy reminded that the joint projects of EMAAR and APIIC were Hyderabad International Convention Centre (HICC), Golf Court and Township. She also made it clear that the government was serious in avoiding loss to the APIIC and the State government in the matter of EMAAR.
The Minister also deplored the decision of the Telangana Rashtra Samithi to disrupt the “Rachchabanda” programme of the Chief Minister scheduled to begin from January 24. The Telangana issue has no link with Rachchabanda programme, which related to welfare of the people, she pointed out. The government has decided to go to the people with seven points on welfare schemes as a part of the programme. She exuded confidence that the people would welcome the ministers and officials who would go for the programme.
When brought to her notice that some Congress leaders from Telangana too were demanding postponement of the “Rachchabanda”, she felt that there was democracy in the Congress so that the leaders can express divergent opinions. The Telangana Ministers would meet the Prime Minister, Dr Manmohan Singh, and the AICC president, Ms Sonia Gandhi, to convey strong desire of Telangana people to them.
NSS