The Hindu·3 min read·medium
₹75 crore diverted, ₹120 crore in FDs liquidated: Jana Sena leader’s charges against VMRDA
V
V. Kamalakara Rao
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Jana Sena Party leader P.L.V.N. Murthy Yadav has formally accused the Visakhapatnam Metropolitan Region Development Authority (VMRDA) of significant financial mismanagement and procedural violations. The allegations include the unauthorized diversion of funds, liquidation of fixed deposits, and irregular staff recruitment.
Jana Sena Party (JSP) leader P.L.V.N. Murthy Yadav has sought a high-level inquiry into alleged financial irregularities, misappropriation of fixed deposits and procedural violations at the Visakhapatnam Metropolitan Region Development Authority (VMRDA).
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