Telangana’s main opposition party, BRS, has urged Governor Jishnu Dev Varma to initiate a CBI or judicial inquiry into alleged corruption at Singareni Collieries Company Limited (SCCL). The party delegation, led by K. T. Rama Rao, presented evidence of financial misconduct in various projects undertaken by Singareni, emphasizing the misuse of public funds. BRS highlighted the need for immediate action to prevent further financial losses at the jointly owned company.
The delegation accused Singareni of inflating project costs, irregular tendering, and misusing CSR funds. They stressed that as a public entity, every rupee involved was public money. K. T. Rama Rao, after meeting the Governor, called for an independent probe into the alleged irregularities, describing it as a systematic draining of public funds. The party demanded a halt to what they termed as the mismanagement of public resources at Singareni.
BRS leaders expressed concern over the lack of transparency and accountability in Singareni’s operations, alleging a significant misuse of funds. They criticized the government’s failure to address the issue adequately, despite repeated disclosures by party members. The opposition party highlighted the need for a thorough investigation into the alleged financial misconduct to uphold the integrity of the institution and protect the interests of its employees.
The BRS Working President raised questions about the sudden introduction of a “Site Visit Certification” clause in tender processes, leading to increased project costs. He demanded transparency from the government regarding contractor selection processes and the criteria for awarding tenders. The party also questioned the high costs of solar power projects undertaken by Singareni, calling for explanations for the substantial cost escalation compared to national averages.
