Make public MoUs with Singapore: Botsa

29 Dec, 2015 16:54 IST|Sakshi
Make public MoUs with Singapore: Botsa

The YSR Congress has demanded the TDP government to be transparent in the capital city dealings and place them on public domain besides complying with the Centre’s policy on partnerships with private parties in wake of the heavy involvement of Singapore in the deals for infrastructure development.

"In the first place, a baffling development took place with the signatory of MoU on behalf of the Singapore Government quitting the post and he joining as CEO of the two companies that acquired the contract. Both the companies have since merged into one," party senior leader Botsa Satyanarayana told reporters on Tuesday.
This is blatantly commercial in nature and the State should explain and place the records on public domain as to with whom the it is dealing with and how could the signatory on behalf of Singapore government suddenly become the CEO of the two companies that bagged the contract, he said.
Such commercial manipulations lead to massive corruption and the land acquired from poor farmers cannot be given to the foreign companies on a platter. People need to know about the deal in details, he said.
" We are not against the capital formation but we are only against the manipulative practices and commercial agenda which is benefitting a favoured few leaving aside the farmers whose land was acquired using various methods," he said.
At a time when the Centre has taken a decision that all Public Private Partnerships (PPPs) should be carried out by calling through global tenders, how can the State ignore the national policy and opt for Swiss Challenge, he asked. "We demand that all agreements with the Singapore companies should be made public and carried out in a transparent manner," he said.

 

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