former Advocate General Dammalapati Srinivas approached the High Court seeking protection from arrest or any coercive action as part of investigation into the alleged insider trading in Amaravati lands, the Anti-Corruption Bureau (ACB) on Tuesday registered a case against him and 12 others for abuse of his official position to obtain pecuniary advantage.
According to an official release by the ACB, Srinivas, abusing his official position as the Additional Advocate General, obtained pecuniary advantage in the form of landed properties for his father-in-law, brother-in-law and his associates/acquaintances from June 2014 to December 2014. Later, he purchased the lands on his name and also on his wife’s name in 2015 and 2016.
“Those landed properties which were purchased during that period were located either in the Core Capital Area or within the limits of Capital Region Development Authority but abutting the Core Capital Area,” the ACB said.
The ACB registered cases under various Sections of Prevention of Corruption Act and also other sections of IPC including cheating and criminal conspiracy.
“Based on the complaint received by the ACB, DG, a preliminary enquiry was conducted and based on the contents of the complaint and Enquiry report, the cases were registered. Investigation is on,” the release said.
Srinivas served as additional AG from June 30, 2014 till his elevation as AG on May 30, 2016 in which capacity he worked for three years.
It may be recalled that the Cabinet Sub Committee constituted by the YSRC government to look into alleged insider trading in Amaravati had named people close to the then Chief Minister N Chandrababu Naidu, his son Lokesh, TDP leaders P Keshav, Paritala Sunitha and several others including Dammalapati Srinivas in its report.
The CSC, in its report, said Srinivas and others, using privileged information, reaped undue benefits by buying land ahead of the announcement of the Capital. The CSC also said that benami transactions have taken place in the land deals and boundaries were changed to suit the favoured few.
Based on the CSC report, a Special Investigation Team (SIT) was formed to probe the land scam. Simultaneously, CID had also registered cases in the alleged scam and the YSRC government had also written to the Centre seeking a probe by the Central Bureau of Investigation (CBI) into the Amaravati lands.
Dammalapati Srinivas on Monday filed a petition in the High Court urging it to direct the state government not to take any coercive actions against him as part of any enquiry or investigation. He dismissed the allegations as whimsical and denied purchasing land in and around Amaravati.