HYDERABAD: The Hyderabad Central University (HCU) land row has taken a national turn, with the controversy deepening by the day and sparking discussions across the country.
At a recent press conference, BRS Working President KT Rama Rao intensified the issue by questioning which BJP Member of Parliament was allegedly involved in the land scam. His remarks have triggered widespread speculation on social media, with users demanding transparency and naming of those responsible.
The matter has reportedly caught the attention of national political leadership, with parties at the central level beginning to assess the situation. Meanwhile, the Telangana Congress appears to be reeling under pressure, struggling to contain the political fallout. Observers say the party has been unsuccessful in executing effective damage control.
Adding to the crisis, the BJP too finds itself entangled in the controversy, as KT Rama Rao alleged a quid pro quo involving the ruling party and a BJP MP in the ₹10,000 crore land deal, which includes ICICI Bank and intermediary brokers like Beacon and Trust Advisors.
Market analysts have also weighed in, warning that the controversy could potentially impact ICICI Bank’s stock performance, given the magnitude of the alleged scam and its public fallout.
The issue, originally confined to Telangana politics, has now become a national flashpoint, with both the BJP and Congress facing increasing scrutiny over their roles and responses to the unfolding scandal.
#HCU భారీ కుంభకోణం వెనకాల రేవంత్ రెడ్డికి అండగా నిలిచిన ఒక బీజేపీ ఎంపీ
ఒక బీజేపీ ఎంపీ, ఒక బ్రోకరేజ్ కంపెనీ సహకారంతో కంచె గచ్చిబౌలి భూముల విషయంలో భారీ ఆర్థిక నేరానికి పాల్పడ్డ రేవంత్.
ఆ భూముల మీద టీజీఐఐసీకి ఎటువంటి ఓనర్షిప్ రైట్స్ లేకున్నా ఆ భూములను తాకట్టు పెట్టింది.
— BRS Party (@BRSparty) April 11, 2025