In a surprising turn of events, the Andhra Pradesh High Court has dismissed the bail petition of former minister and TDP's national general secretary, Nara Lokesh, in the Amaravati Insider Trading case. Nara Lokesh appile his bail petition during the hearing, a move the High Court found unacceptable. In response, the court ordered his presence at the hearing related to the Amaravati Insider Trading case. Additionally, 41 notices were issued to CID officials in connection with the Amaravati Insider Trading case. The High Court directed them to appear before it, adding further complexity to the ongoing legal proceedings.
Regarding Chandrababu Naidu's involvement, he is currently facing multiple allegations, including the Skill Development Scam case. In this context, he filed a petition in the High Court seeking relief. The High Court requested him to cooperate with the investigation and ordered that he should not leave the country.
Furthermore, Chandrababu Naidu's connection with the Skill Development Scam case raised questions about the funding of the Skill Development centers. The former chief minister was accused of not allocating funds appropriately, causing financial discrepancies in the project. The government officials also claimed that there were irregularities in the allocation of funds to these centers. The case is under scrutiny, and Nara Lokesh has faced multiple court appearances in this matter.
