
KCR family in feud over Rs 2000 crore party empire, alleges Nizamuddin
Hyderabad, May 26 (UNI) Telangana Pradesh Congress Committee (TPCC) spokesperson Syed Nizamuddin launched a scathing attack on the Bharat Rashtra Samithi (BRS) on Monday, claiming the party has devolved into a family-run business torn apart by greed and internal power struggles.
Addressing the media at Gandhi Bhavan, he alleged that a feud among K T Rama Rao,
K Kavitha, T Harish Rao, and Santosh Rao is centred not on ideology but on control of assets worth over Rs 2,000 crore.
Nizamuddin presented financial data and donor records, showing BRS's declared assets skyrocketed from Rs 5 crore in 2011–12 to Rs 1,191 crore in 2022–23. He argued the actual value, including benami assets, shell companies, and undisclosed income, could far exceed this figure. 'Such exponential growth in a political party's assets is only possible through systemic corruption,' he said.
He further revealed that BRS earned Rs 738 crore in 2022–23, with Rs 154 crore coming from just 47 donors, most allegedly linked to government contracts and policy favours during the BRS regime. He claimed the party's matching expenditure hinted at possible money laundering.
Nizamuddin also pointed to signs of internal collapse, including a leaked letter from Kavitha to her father KCR, expressing concerns over the party's direction and alleged BJP-friendly tilt. He termed recent private meetings and shifting political stances within the KCR family as signs of a corporate-style succession battle.
Accusing the BRS of hijacking the Telangana movement for personal gain, he called for a court-monitored investigation into the party's financial dealings and assets. 'The people deserve to know how a public movement was turned into a private fortune,' he said, urging citizens to reject dynastic politics and support transparent governance.
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Time of India
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India Gazette
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India Gazette
an hour ago
- India Gazette
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Addressing challenges faced by Telugu students in the U.S. due to Trump-era policies, he assured that BRS would stand by them, announcing the formation of a legal cell to support and protect them in every way. As per the official statement, Rao said, 'The same enthusiasm seen in Telangana during its decennial celebrations is palpable in Dallas today. This is not just a celebration but an occasion to honour the sacrifices of martyrs and every individual who poured their all into achieving Telangana statehood.' KTR lauded the enthusiasm of the NRIs and remembered his earlier visit to Dallas. He said, 'When we decided to celebrate Telangana Formation Day, NRIs unanimously chose Dallas. Today, seeing your enthusiasm and thousands of you gathered here, I don't feel like I'm in America--I feel like I'm in Hyderabad. In 2015, I came to Dallas seeking investments for Telangana. With confidence and faith in our future, we fulfilled our promises and achieved even more, which fills us with pride.' Lauding the governance in BRS' stint in power, he said, 'Under KCR, we seized every opportunity to make Telangana number one. We may have lagged in votes recently, but never in loving Telangana. In power or opposition, for us, Telangana is first, India is first.' 'With schemes like Rythu Bandhu and Rythu Bima, we prevented farmer suicides, setting a national example. KCR's rule turned migration into reverse migration. Today's wonders stem from KCR's vision--while others debated if Telangana would come, he planned what to do when it did,' he added. We take pride in NRIs excelling across fields in America. You carry the fragrance of Telangana's soil, shining thousands of miles away. Your talent, skill, and wisdom wave the Telangana flag high. Salutations to you--gems of Telangana, beloved children of India, and beacons of Telugu brilliance. In his speech, KTR also remembered the former Prime Minister, P.V. Narasimha Rao, saying he reshaped India's destiny and his legacy endures. On the economic front, he said, 'In 10 years, Telangana shone with riches, feeding the nation. With 2.5% of India's population, we contribute 5% to GDP--a pride for every Telugu child. From 4.5 lakh crore GSDP in 2014 to 15 lakh crore when we left power, no state matched our 238% growth. Per capita income rose from 1.12 lakh in 2013-14 to 3.56 lakh in 2023. NITI Aayog reports multidimensional poverty dropped from 13.18% in 2015-16 to 3.76% in 2023-24--a 10% reduction in eight years, unmatched in India.' 'KCR revolutionised irrigation. Kaleshwaram, the world's largest lift irrigation project, revived canals and the Sriramsagar Project. China took 16 years for the Three Gorges Dam; we built Kaleshwaram in four. It's not one barrage but three, with 19 reservoirs, 21 pump houses, 203 km of tunnels, 1,531 km of canals, and 141 TMC storage. Congress calls it a failure over two pillars--stop this propaganda, use this water bounty, we urge on behalf of farmers. Kaleshwaram lifts Godavari waters from 80m to 618m above sea level. Palamuru-Rangareddy project, 90% done, blesses south Telangana, but Congress stalls the rest 10% to deny KCR credit,' he said as per the official statement. He said, 'We topped Ease of Doing Business. Google, Amazon, Uber, Salesforce, and Apple set up their second-largest campuses in Hyderabad. IT exports rose from 57,000 crores in 2014 to 2.41 lakh crore in 2023, and IT jobs from 3.23 lakh to 9.46 lakh. We led in life sciences, too.' (ANI)