The YSRCP has criticised the NDA coalition government for resorting to “false propaganda” over the Andhra Pradesh Mineral Development Corporation (APMDC) bonds issue. It has accused the government of diverting attention from the core concern — allowing private entities access to the public exchequer through the bonds.
Addressing the media in Hyderabad on Thursday, former Finance Minister Buggana Rajendranath Reddy said the government failed to answer the fundamental question — “why was third-party access to State funds permitted?”
