Vanpic Viseshalu
The Investors in Jagathi Publications Private Limited, i.e, Sakshi Daily and Raghuram Cements Ltd owned by Y.S. Jaganmohan Reddy are the key persons in floating Vanpic Project.
The Companies behind Vanpic are
1. MATRIX ENPORT HOLDINGS PVT. LTD.
2. VANPIC PORTS PVT. LTD.– ‘SPV’.
3. GENEX STRUCTURAL PROJECTS PVT. LTD.
All these three companies are incorporated by Nimmagadda Prasad and his brother N. Prakash, who are individual investors in Raghuram Cements and Jagathi Publications and also investors through various companies like Alpha Avenues Pvt. Ltd, Alpha Villas Pvt. Ltd, in Raghuram Cements and Jagathi Publications.
All these three companies are incorporated under the Indian Companies Act, 1956.
All these three companies are incorporated on
18-01-2008.
31-03-2008.
07-05-2008
The Government of Andhra Pradesh on 11-03-2008 entered into an unregistered MOU with one KHATAR MASSAD CEO RAS AL KHIAMAH (RAKIA) for developing Vadarevu and Nizampatnam Ports in Guntur and Prakasam Districts.
31-03-2008, VANPIC PORTS PVT. LTD an “SPV” is floated, by N. Prasad in which RAKIA is not a party, the promoter company of this SPV is MATRIX ENPORT HOLDINGS PVT. LTD floated by same N. Prasad.
v 2-05-2008, the Spl. Secretary of Govt. of A.P, K.V. Brahmanada Reddy writes a letter to Collectors of Guntur and Prakasam Districts to send alienation proposals for allotment of lands to Vanpic.
v 7-05-2008, GENEX STRUCTURAL PROJECTS PVT. LTD is incorporated, for acquiring lands in Guntur and Prakasam Districts.
v 22-05-2008, the promoters directors of Genex Mr. N.Prasad and Mr. N. Prakash later on resign as directors and induct Sri Konda Venkateswara Reddy as Director, who is also the Director of GILCHRIST INVESTMENT PVT. LTD, who is investor in Jagathi.
v 7-07-2008, G.O.Ms No. 29 is passed revising the port limits of Vadarevu and Nizampatnam ports.
v 10-07-2008, G.O.Ms No. 30 is passed allotting 2000 acres each to the Vadarevu and Nizampatnam ports and the cost for acquiring the said land shall be borne by Vanpic. The said award is on BOOT basis.
v As per G.O.Ms No. 30 RAKIA holds 51% and remaining 49% will be held by Matrix Enport.
v As per this G.O the entire project is leased out for a period of 33 years extendable for another 22 years in two spells 11 years each.
v No global tenders are invited before awarding this huge public project.
v As per the above G.O the land for port based industrial corridor shall be acquired by Vanpic.
v 11-07-2008, G.O.Ms No. 31 is passed directing the Prakasam and Guntur District Collectors to issue draft 4(1) notification under the Land Acquisition Act, 1894 for acquiring land for Vanpic, which is contra to the language and G.O.Ms No. 30. wherein Vanpic was required to directly purchase lands from the land owners.
v On 11-07-2008, a Concession Agreement is entered between Govt. of A.P, and Vanpic Ports Pvt. Ltd, rep by Nimmagadda Prasad as chairman.
v On 9-06-2008, Vanpic Board of Directors allot 10409 shares to RAK INFRA HOLDINGS LTD, MAURITIUS.
v On 25-06-2008, Vanpic board of directors Nimmagadda Prasad and N.Prakash appoint KHATER MASSAD Individually as Additional Director (Independent Non-Executive) on the board of Vanpic.
v On 9-06-2008 CHILLA RAVI REDDY is appointed as authorized signatory of Vanpic. This CHILLA RAVI REDDY is director of ALPHA AVENUES PVT. LTD, investor in Jagathi.
v On 15-09-2008 and 16-09-2008 two G.O’s are issued alienating 6406.14 acres in Prakasam District and 5451.06 acres in Guntur District, 11857 acres on payment of market value to Vanpic Industrial Corridor.
v In total 13,946 acres of land in Guntur District is allotted to Vanpic project in Nizampatnam, P.V. Palem, Karlapalem and Baptla Mandals.
v In total 7,833 acres of land in Prakasam District is allotted to Vanpic project in Vetapalem and Chinna Ganjam Mandals.
v In total 2223 acres of Patta land in Guntur District is sought to be acquired.
v In total 3547.89 acres of Patta land in Prakasam District is sought to be acquired.
v In total 5534 acres of assignment of land belonging to the poor and downtrodden is sought to be acquired in Guntur District.
v In total 1881 acres of assignment of land belonging to the poor and downtrodden is sought to be acquired in Prakasam District.
v In total 5925 acres of Forest land is sought to be acquired in Guntur and Prakasam Districts for Vanpic.
v In nut-shell this project is floated and run by group of people very closely associated with Y.S. Jaganmohan Reddy.
v There is strong resentment from the poor farmers and the government imposed 144 section in Vetapalem, Chinna Ganjam and Cheerala.
v Till now no Detailed Project Report is submitted by Vanpic.
v Till now there is no Project Feasibility Report.
v Till now no Investment are brought are made by Vanpic.
v Under the guise of 4(1) notification small and marginal poor farmers are put to panic and Genex through Konda Venkateswara Reddy is purchasing lands from the farmers at cheaper rates. (similar modus is adopted in ORR Hyderabad alignment).
v Except MOU with RAK the entire show is now run by Vanpic owned by Nimmagadda Prasad, Chilla Ravi Reddy and Konda Venkateswara Reddy and others belonging to Y.S. Jaganmohan Reddy Group.
v MOU with RAKIA is only a camouflage. The said mask is now gradually removed and now completely operated and controlled by Y.S. Jagan Group.
http://epaper.newindpress.com/NE/NE/2008/09/28/ArticleHtmls/28_09_2008_418_002.shtml
http://www.thehindubusinessline.com/2008/07/01/stories/2008070152312300.htm
Y. Sunita Chowdhary | Oct 16, 2008 | Reply
So govt third company ga undi, it gave authorisation to purchase assigned lands, pattas, agriculture lands etc nearly 23 thousand acres and plus . all directors are share holders in Sakshi and Raghuram Cements.
vasu | Oct 16, 2008 | Reply
This is turning out to be very big scam
vasu | Oct 16, 2008 | Reply
Organised dhopidi
vasu | Oct 16, 2008 | Reply
How did you got this info…have you utilised RTI act.
Ravindra Kondapalli | Oct 16, 2008 | Reply
23000 acres thannuku pothunte okka raithu kooda complain cheyyaledha ?
Bengal lo 600 acres ke gaggolu pettaru kadha.
nguy | Oct 16, 2008 | Reply
ee kosta corridor yeemo gaani maaku vunna oka ekaram poyindhi
eellemma pebhuthwaalu yeentha luccha gaa vuntayi antee……cheptha vinandi
Kosta corridor anee project vasthundhi…….iithe ippudu dhaanikosam bhoo sekara jaragaali……..iithe yeem cheesaru antee old records motham bayataki theesaru…….chirala ki oka by-pass road vundhi……iithe aa by-pass road around 20-30km vundhi…….iithe aa old records motham bayataki theesesariki aa by-pass road ki aanukoni vunna polaalu anni assigned lands ani theelaayi. expcet few acres annamaata…….iithe yeemindhi ante…….ippati dhaaka assigned kaanidhi sudden gaa govt avasaraniki vacchesariki assigned anee sariki janaalaki baaga kaalindhi……
lekapothe gatha 40 - 50 years gaa avi ammuthunnaru, kontunnaru janaalu……..legal gaa register office loo registration kuuda cheyyisthunnaru………adhi assigned land iyyinappudu govt appude ilaanti transactions valid kaadhu ani aapocchu kadhaa………kaani alaa jaragaleedhu…….recent gaa chirala dhaggaraloo vodarevu saction iyyindhi………so prices anni sky-high ki pooyi……..ippudu govt ki land avasaram vacche sariki adhi assigned land annaru…..anthukaani mandindhi janaalaki
raj | Oct 16, 2008 | Reply
@sunita,
r people so blind to lose 23000 acres? How can they escape from such a big scam?… I don’t think the figure 23000 is from same area.
ee ankelu kaastha pedda heroes collection lekkalla vunnai …
chandu | Oct 16, 2008 | Reply
@ ravindra,
even if raithu complaint chesinaa, do you think there will be any use. last 3 yrs lo jarigindi ide gaa..
SEZ’s, ring road, assigned lands/unassigned lands FAB city etc etc etc and what not (ofcourse not forgetting idupulapaya).
bengal lo raithula gaggolu kanna political ga gaggolu ekkuvayyi TATA’s tappukunnaru.
pandu | Oct 16, 2008 | Reply
from the these details it looks like a big scam if the involved parties are true. intha dopidi cheseyyadaaniki state antha nidrapotunnada eti?
Ravindra Kondapalli | Oct 16, 2008 | Reply
@chandu
Respect ur opinion
But
Manasa Vaacha Karmana I believe that
even if one farmer agitated , then YS Jagan ( if he is the promoter in this ) wouldnt have gone ahead. He would have compensated the farmer very appropriately.
This I am saying out of strong belief,conviction,faith,trust,gut,perception,analysis
or whatever it is.
Rgds
Ravindra
Pandu | Oct 16, 2008 | Reply
@Ravindra Kondapalli: what made you to defend to such extent? do you have any contact with jagan or ysr. I see your posts in ysryuvasena blog a lot.
chandu | Oct 16, 2008 | Reply
@ravindra,
am not sure of how you have that faith/belief etc - even if Jagan might have agreed, other group directors/promoters wouldnt have accepted
Ravindra Kondapalli | Oct 17, 2008 | Reply
@pandu / @chandu:
will give you some examples.
Rajasekhar / Chiru Episode:
I was watching proceedings on TV. One staunch Chiru fan told me. Ippudu Choodandi. Chiru will go to Rajasekhar and apologise to him. And after an hour or so, Chiru actually did. I was shellshocked.
Balayya: Non-Balayya fans kind of think him as an eccentric person and are scared of him. But true Balayya fans know that he is a child at heart and is a lion if it comes to it.
Rajinikanth once said, Manam Etuvanti Paathralu cheyyalo Mana Fans ki correct gaa telusu. They visualise us the best.
##
Same thing applies to my above feelings on Jagan.
@Comedy Kondapalli | Oct 17, 2008 | Reply
Hahahah yeemi Comedy raa naayana. Nee post ki mundu ‘nguy’ ani okathanu post vesaadu aa aarthanaadham neeku jagam baabu gaariki kanipincha ledhaa?? SEZ la koosam bhoomi laakoovadhhu ani rythulu chesee aandoolanalu kanipincha ledhaa??
Chiru fan anna cliping link pedithee aanandisthaaamu
Balio gaadi discussion irrelavent assalu
Assalu Rajini garidhi kooodaa anthee assalu saripolaa nuvvu ichhina explanations.
@Akkai | Oct 17, 2008 | Reply
Akkai gaaru idhi TV9 ki teledhaa?? telisthee inkaa pedhha vaartha yyi koorchunedhe??
Ravindra Kondapalli | Oct 17, 2008 | Reply
Brother @nguy
Fully empathise with you .. bhoomi is same as aatma gouravam .. same as a part of the body
did u guys try talking to YS Jagan
Every month he is in PVendula attending to grievances
Did you try meeting him in Hyd ?
anil | Oct 17, 2008 | Reply
it is big scam
? so many congress leaders was involved it that scam
? it is very big scam
?
Ravindra Kondapalli | Oct 17, 2008 | Reply
@ @Comedy Kondapalli
Asalu Neeku mathi Vundha ??
I said Chiru Fan told me …
And you are asking for clipping …
Konchem Vaadu …. vunte
mightymouse | Oct 17, 2008 | Reply
nice post connecting the dots, surprised that for such a big project they don’t even have a good business plan before it got approved.
most people are in politics to make more money, YSRs theme is little different just invest in Jagans company at the price we say and make YS Jagan partner
for powerful people like Jagan and his cronies politics is a way to rape common not surprisingly he became one of the richest young man in banglore after his father became CM.
If Y.S. Jaganmohan Reddy wants to enter politics he should give up all his scam business and come clean.
For any SEZ Local people/authorities should demand compensation if they dont generate the number of jobs promised and share profits.
KC | Oct 17, 2008 | Reply
ysr achievement 5 yrs lo
saskshi
costa corrider
raidings on margadarsi
siri | Oct 17, 2008 | Reply
hai sunita,,,very gud info..n there is so much more they did.some of the land is already alloted to a company called sireen drugs,and ths company got all the proper documentation n permissions which they got after 2 yrs of hard work..these dragons jus pulled everything in a months time which is illegal..pl mail me if u need more info..
Suresh | Oct 21, 2008 | Reply
Hi,
Sunita garu, Thanks for ur Information.
I ponder there is no neccessity for Government to Grab the poor peoples land in the name of VANPIC. Here two scenarios,Though It will vanish unemployement another side it is making thousands of people homeless. One can’t Justified weather it is for the sake of people or for sake of so called Government….? They should encourage the industries but they should also remember poor or also Humanbeings. Government must stop this VANPIC………………… All these hell of Arresting the people and their supporters ,144 section is to create fear in people. Its just show cruelity the Government and Collector of Prakasam . This ruling just like as Hitler . Please stop this arrests.
@dsab | Nov 19, 2008 | Reply
Hey Sunitha..
You r providing lot of info about Vanpic .
Worried whether our land in chirala outskirt remains safe or not..do update u r blog with the latest happenings..
Also provide any info of the corridor road plans which connects NH5 and Bypass ,if proposed .
Y. Sunita Chowdhary | Nov 19, 2008 | Reply
@above:First land mottham teesukunnaru..surrounding private land konesaaru. Chttu pakkana hold pettukunnaru. If some company plans to construct there is no more private or govt land. Evaraina inka vanpic deggara aproach ayyi adagali. NH5 and Bypass kindhiki raadhu.Chiralaki related ledhu.
IVS Prasad | Nov 20, 2008 | Reply
Hi guys,
main mosam yentante, all these bada babulu farmers daggara 2.5 lakhs ki acre land koni, industrial corridor lo invest chese industries ki kotlalo ammutunnaru. Idi okarakamaina real estate business by the Govt. of AP. Mosapoyedi farmers and the land owners. Let them collect genuinely no body bothers.
But Sunita u have given a lot of information day to day. Please keep updating daily news about VANPIC
@dsab | Nov 21, 2008 | Reply
Also heard that not only they occupied the land where they planned industrial corridor..they are opening all old records and started occupying patta lands on both sides of the Bypass(Chirala-Ongole Bypass)saying that they are Assigned.
Sunitha…any news on that..
Forgot Industrial corridor ,atleast the Central govt approved Sea Port ,thermal power plant, Ship breaking unit@chirala will get completed or they also will be politisiced.??
guys any info on the topics???
Ravi | Dec 1, 2008 | Reply
Namaskar
Lot of information, but u know Mr.N.Prasad is a philanthrophist, he has been doing great service work thru Nimmagadda foundation. I don’t think the same person gives poor with one hand and robs the poor with other hands. We heard people robbing the rich to serve the poor. Please comment.
sreeram | Dec 4, 2008 | Reply
Ravi .. prati Namaskar ..
appatlo Lakkireddy Bali reddy ani inko philanthrophist undevaadu gurtundaa ..
aayana story veru ga cheppavasaram ledu anukunta ..
Philanthrophy ni parihaasam cheyaku baasoo ..
chiranjeevi kooda ade taraha philanthrophist ..eye bank/Blood bank .. tera teeste … vollu jaladaristundi
CHANDRA | Dec 28, 2008 | Reply
with out panic the poor farmers take the better desetion about the infrastructure development in costalcarrider this is annapurna for the stae