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KCR family in feud over Rs 2000 crore party empire, alleges Nizamuddin
KCR family in feud over Rs 2000 crore party empire, alleges Nizamuddin

United News of India

time26-05-2025

  • Politics
  • United News of India

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. UNI VV BD

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