₹75 crore diverted, ₹120 crore in FDs liquidated: Jana Sena leader’s charges against VMRDA
Jana Sena Party leader P.L.V.N. Murthy Yadav has formally accused the Visakhapatnam Metropolitan Region Development Authority (VMRDA) of significant financial mismanagement and procedural violations. The allegations include the unauthorized diversion of funds, liquidation of fixed deposits, and irregular staff recruitment.
Why it matters
These allegations highlight potential corruption and administrative failures within a major regional development authority, prompting calls for a forensic audit.
Jana Sena Party (JSP) leader P.L.V.N. Murthy Yadav has sought a high-level inquiry into alleged financial irregularities, misappropriation of fixed deposits and procedural violations at the Visakhapatnam Metropolitan Region Development Authority (VMRDA).
Submitting representations at the VMRDA office and the Public Grievance Redressal Cell at the Visakhapatnam Collectorate on Monday (August 3, 2026), Mr. Murthy Yadav accused senior officials of causing financial losses to the authority through questionable fund transfers, unauthorised mobilisation advances and administrative abuse.
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