BRS MLC Dasoju Sravan accused the Congress government of running a politically motivated campaign against KT Rama Rao over the Rajesh Exports issue. He said the previous BRS government only signed an MoU and did not extend any financial benefits to the company
Rajesh Exports, selected under the Union Government’s Rs 18,100-crore PLI scheme, signed a high-profile MoU with the Telangana government in 2022 for a Rs 24,000-crore AMOLED display unit. The company’s repeated delays and failure to execute projects have now come under scrutiny following SEBI restrictions.
Congress questioned LIC's 10.8% stake in Rajesh Exports after SEBI alleged massive financial misrepresentation and fund diversion. Jairam Ramesh sought accountability, while SEBI barred promoter Rajesh Mehta from trading and ordered a fresh forensic audit into the company
