The cancer of corporate governance at its unethical worst is all set to claim another victim in the state – Sujana Group, promoted by Sujana Choudhary. A leading regional daily, Sakshi, has been carrying a series of investigations since February this year and has just about managed to get the attention of the CID to take its first look into the case. But this move will not be seen as a transparent pursuit of justice. Instead it has political motive written all over it. The expose was done by Sakshi, which is owned by Kadapa MP Jagan Mohan Reddy, who is the son of CM Dr YSR and the expose was done on Sujana Group which is owned by Sujana Choudhary who is a very close confidant of Chandrababu Naidu! The political motive theory is very strong. since acts of omissions and commissions by Sujana include the land sold by Sujana Group to Heritage industries owned by Chandrababu. Also included is the attempt by Sujana Chairman to show fictitious turnover and mislead banks by having them sanction huge loans to the Group.
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