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VW deal: TDP seeks action against officials, Minister

Staff Reporter

`Finding of booty does not absolve the accused'


  • Issue of GO on a single day termed unusual
  • Pressure on APIIC alleged for conversion of account
  • Handing over of records to CBI sought

    HYDERABAD: The Telugu Desam Party on Friday said Volkswagen AG's offer to pay the Government Rs. 11.67 crores as compensation only confirmed that the carmaker had not received the money, claimed as equity by the Government.

    In a press release, the party spokesperson, M.V. Mysoora Reddy, said that finding of stolen property did not absolve the accused; it only proved that the offence had taken place and the accused was involved in it.

    The present case was no different, he said, adding that the Government issuing an order on a single day, which involved a file going through 23 stages including the Minister and the Chief Minister, was unusual.

    Dr. Reddy recalled that the Andhra Pradesh Industrial Infrastructure Corporation (APIIC), which had opened an escrow account first, changed it to a current account, allegedly under pressure from the then Major Industries Minister, Botcha Satyanarayana. The money was allowed to be withdrawn and transferred out of the country by the `benami' company without authority from Volkswagen AG. All norms had been flouted, he added.

    The TDP leader demanded the ouster of the Minister as well as suspension and prosecution of the officials.

    Also, all files and records should be handed over immediately either to the CBI or Lok Ayukta, he said.

    `Stand vindicated'

    Meanwhile, the Minister for Marketing, Botcha Satyanarayana, on Friday said the announcement by Volkswagen AG, saying it would pay Euro Two million to Andhra Pradesh, only vindicated the Government's stand.

    Mr. Satyanarayana told presspersons that the German carmaker's decision had cleared him of all charges. "We always maintained that the money would come back. Now it has been proved," he asserted.

    He claimed to be in possession of hundreds of documents which would expose the Telugu Desam Government's "shady transactions" with Volkswagen's representatives.

    The Minister, who was stripped of the Major Industries portfolio following a revelation that the Government was cheated by the "Vashishta Wahan" company, said the Government was concerned only about bringing Volkswagen to the State and still hoped that the unit would be set up in Visakhapatnam.

    He had discussions on the matter with the Chief Minister, who directed officials to initiate follow-up measures, he added.

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