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Undavalli Arunkumar criticises CM Chandrababu Over Amaravati Bonds

Undavalli Arunkumar, Amaravati Bonds

Rajahmundry Former MP Undavalli Aruna Kumar criticised AP Chief Minister Chandrababu Naidu over his stand towards Amaravati Bonds. Speaking to media, Undavalli has questioned the Chief Minister for borrowing Rs 2000 crores in the form of bonds and paying interest of 10.3% in every three months. The Former MP has also criticised the Chief Minister over his concept of transparency alleging that broker of Amaravati Bonds is likely to get Rs 17 crore with this move. He urged the government to release the names of nine persons who purchased the bonds.

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