Vijayawada: The YSRC has called for a comprehensive and transparent investigation into the Margadarsi Chit Fund scam, emphasising the need for justice and accountability. Speaking to the media at the party’s central office on Sunday, former minister Ambati Rambabu stated that despite violating numerous laws and operating his companies, financial institutions, and chit funds for nearly five decades, no one has dared to question Ramoji Rao’s activities. He accused Ramoji Rao of using the media as a shield to build an empire of corruption, violating multiple laws, and collecting unauthorised deposits from the public. Despite years of offences, the former Chief Minister Chandrababu Naidu never acted against Ramoji, and now his successors continue to operate with impunity. Rambabu highlighted the pivotal role of former MP Undavalli Arun Kumar, who first exposed Margadarsi’s illegal deposits in 2006. Rambabu warned that those involved, including Margadarsi’s directors, cannot escape trial and punishment if found guilty.
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