What made Nama Nageswara Rao to quit TDP & join TRS

 SMTV Desk 2019-03-21 18:05:02  nama nageshwar rao, telangana cm, cm kcr, trs
What made Nama Nageswara Rao to quit TDP & join TRS

Hyderabad, Mar 19: As expected, senior Telugu Desam Party leader and politburo member Nama Nageswara Rao resigned from the party on Tuesday, discontinuing his two decades-long association with the party.

Nama, one of the richest MPs of his time, met Telangana chief minister K Chandrasekhar Rao at the latter's farm house in Erravelli of Siddipet district on Monday night. He is expected to join the TRS later in the day.

According to party sources, Nama will be fielded as the TRS candidate from Khammam parliamentary seat. There has been talk for quite some time that Nama would be resigning from the TDP. He did not attend the TDP politburo meeting held a couple of days ago, thereby hinting at his resignation.

However, everybody guessed that Nama would be joining the Congress party and would contest the Lok Sabha elections on Congress ticket. In December 2018 elections, Nama contested from TDP and lost it to TRS candidate to Puvvada Ajay Kumar.

But, suddenly he met KCR and decided to contest as the TRS candidate from Khammam. According to highly placed sources, Nama was impelled to join the TRS, following the recent CBI raids on his company - Madhucon Group, a major infrastructure company.

The CBI charged Nama with alleged diversion of funds to the tune of Rs 264 crore in the construction of a four-lane national highway project (NH-33 between Ranchi-Rargoan-Jamshedpur) worth Rs. 1,151.60 crore.