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LATEST NEWS UPDATES | World Bank withdrew from Amaravati due to corruption, claim AP govt officials -Yunus Y Lasania

World Bank withdrew from Amaravati due to corruption, claim AP govt officials -Yunus Y Lasania

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published Published on Jul 23, 2019   modified Modified on Jul 23, 2019
-Livemint.com

* The then TDP government had invited tenders for infrastructure development even before the World Bank loan details were finalized, said an official with the state government, requesting anonymity

* According to the official, the team found numerous irregularities

Hyderabad:
Days after the World Bank (WB) announced backing out of Amaravati capital city project, by withdrawing its $300 million funding, officials from the Andhra Pradesh government said rampant corruption besides flouting of various socio-economic norms under the previous Telugu Desam Party (TDP) government, led by former chief minister N. Chandrababu Naidu, were the reasons behind the agency’s move," claimed officials from the AP government.

The then TDP government had invited tenders for infrastructure development even before the World Bank loan details were finalized, said an official with the state government, requesting anonymity.

Other government officials, who also did not want to be quoted, said a World Bank team that toured the proposed region marked for development from 13-17 September, 2017, found irregularities in the tender process and also that it favoured contractors.

According to the official, the team found numerous irregularities in land pooling, utilisation of verdant agriculture land for other purposes, serious environmental violations and in the plan of the new proposed capital as it affected the course of the Krishna River, among other issues.

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Livemint.com, 22 July, 2019, https://www.livemint.com/politics/news/world-bank-withdrew-from-amaravati-due-to-rampant-corruption-say-ap-officials-1563701286941.html


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