Naidu unleashes no holds barred attack on CM over Satyam

Launching a no holds barred attack on chief minister Y S Rajasekhara Reddy over Satyam scam, TDP leader N Chandrababu Naidu on Monday accused Andhra government of shielding the "guilty" by "blocking" a CBI probe and demanded that Centre order an inquiry into transactions of companies allegedly promoted by the Congress leader's son.
 
Initiating a debate on the Satyam Computers scandal in the Assembly on Monday, the leader of opposition alleged that the Reddy government hastily ordered an inquiry by the Crime Investigation Department into the Satyam Computers scandal only to save its promoter B Ramalinga Raju.
 
"When all major laws, including SEBI, FERA, FEMA, RBI and IT were violated and when the company's operations were spread over 66 countries, how can the CID investigation unearth the truth? It was a fit case for Central Bureau of Investigation (CBI) inquiry as the national agency could have co-ordinated with the Interpol to probe deeper into the scandal," Naidu said.
 
It was a clear attempt by the state government to shield the fraudsters through the CID probe which had no locus standi in the case, he lashed out. "The Congress high command has also blocked the CBI investigation into the Satyam scandal only to suppress facts and protect the guilty," he alleged.

As the Congress MLAs shouted "Heritage, Heritage", apparently referring to the alleged financial irregularities in the company owned by Naidu's family, he hit back daring the government to conduct an inquiry.
 
Naidu demanded a judicial probe by a sitting judge into the affairs of Satyam Computers, Maytas Infra, Maytas Properties and the 14 'benami' companies allegedly promoted by the Cm's son Jaganmohan Reddy and also Heritage Foods.
 
"The SEBI rules were violated. FEMA, FERA and the RBI Acts have been violated and even the Income Tax Act was breached in the functioning of the 14 companies promoted by the chief minister's son. The Government of India should immediately conduct an inquiry," Naidu said.
 
Naidu's outburst against Reddy included potshots at the CM over the "upbringing" of his son and the TDP leader was also irritated by the chief minister's "smile".
 
"Why do you laugh so viciously? Why are you staring at me in a furious manner? Would you like to hit me? Come on."       

"You (chief minister Y S Rajasekhara Reddy) and Ramalinga Raju are similar in nature. Both of you want thousands of acres of land in your kitty. What will you do with such land," Naidu asked.
 
"You better confess to your wrongdoings like Ramalinga Raju did. You too will get some respite from law," he said.
      
Lashing out at finance minister K Rosaiah, Naidu said: "Had you, as an elderly man, cautioned YSR and kept a tab on his activities, he would not have landed in such a disgraceful position. But you remained like Dhritarashtra as YSR went about committing many mistakes."