New Delhi, April 2 -- YSR Congress Party Lok Sabha floor leader P.V. Midhun Reddy launched a scathing attack on the Chandrababu Naidu government in Lok Sabha on Thursday, alleging that Amaravati has been reduced to a massive real estate scam driven by benamis and backdoor dealings, with public money being looted in the name of capital construction.
Participating in the debate on the AP Reorganisation (Amendment) Bill - 2026, he said, "Amaravati is not being built as a people's capital but as a profit-making venture for a select few," alleging the insider trading that took place even before the capital was officially announced, where thousands of acres were purchased from poor farmers at throwaway prices by those with prior information.
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