Hyderabad, Aug. 11 -- Bharat Rashtra Samithi (BRS) Working President KT Rama Rao (KTR) on Tuesday, August 11, alleged irregularities in a land deal between the state government and the defence startup Tesseract Advanced Systems Pvt Ltd, which he claimed is owned by Chief Minister Revanth Reddy's brother, A Kondal Reddy.

Addressing the media in Hyderabad, he questioned how the land, worth Rs 200 crore, was allotted to the firm for Rs 7 crore. The former Telangana minister accused the company of having a paid-up capital of Rs 1 lakh, claiming that it had no employees at the time of land allotment.

He questioned the financial credentials of Tesseract and sought clarity on the role of Kondal Reddy, who he claimed was presented as the compan...