Following the revelations of the Madanapalli Files, the Illegal Liquor scandal, the TTR bonds controversy, and Jogi’s Agrigold scam, yet another major scandal is poised to come to light: the Fiber Net scam. TDP MLC Bhumi Reddy Ramgopal Reddy has demanded a high-level inquiry into the irregularities surrounding AP Fiber Net, alleging that the previous government caused a loss of over Rs. 800 crores.
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The government was alerted to the actions of Madhusudan Reddy, who served as MD during the previous administration. He is accused of filling the Fiber Net organization with his relatives and engaging in numerous irregularities.
In one instance, Fiber Net connections intended for government offices in villages were allegedly redirected to the homes of YSRCP leaders. Additionally, hundreds of crores were reportedly misappropriated in the purchase of materials.
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Further allegations include a connection to a person named Kirankumar Reddy, who worked in Sakshi Media while serving as the AGM of Fiber Net, and Madhusudan Reddy’s brother, Srinivasa Reddy, who is also implicated in the conspiracy.
Despite the lack of actual work being done, Fiber Net salaries continued to be paid, with many employees allegedly unaware of their supposed duties. It’s claimed that up to 500 individuals from Pulivendula are employed in this organization.
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Moreover, Madhusudan Reddy is reportedly constructing a seven-star hotel, Lemon Tree Park, near the Tirupati Collectorate, raising suspicions that those involved in the Fiber Net scam may have fled abroad.
