Vadarevu and Nizampatnam Industrial Corridor (VANPIC) is an upcoming industrial park located between Guntur district and Prakasam district in Andhra Pradesh, India. It is spread over 13,000 acres. [1] [2] It is under CBI investigation for land acquisition and other allegation. Around 4000 acres was acquired for port development. Large tracts of land was acquired from local farmers. In April 2011, the property consultant, Jones Lang LaSalle estimated the 13,000 acres at ₹1,426 crores.
The land was acquired by the government in 2008 . [3]
It is located near Nizampatnam in Guntur district.
Former minister Mopidevi Venkataramana was arrested in the case by the CBI, and minister Dharmana Prasad Rao resigned over allegations. [4] [5] Another company, VANPIC projects was started by industrialist, Nimmagadda Prasad and Ras Al Khaimah (RAK group), and the company was allotted 24,000 acres by the government.
The mechanisms of the large scale corruption in the case was highlighted in the fourth charge sheet filed by the CBI in the Y. S. Jaganmohan Reddy corruption case. The charge sheet relates to the VANPIC project:
The "suitcase company" methodology was succinctly described by Supreme Court of India Chief justice P. Sathasivam.:
On July 28, 2022, Vanpic case: HC strikes down CBI charge sheet. [8]
Yeduguri Sandinti Vivekananda Reddy was a member of the 14th Lok Sabha of India. He represented the Kadapa constituency of Andhra Pradesh. He was a member of the Indian National Congress. He was brutally hacked with an axe to death at his residence in Pulivendula, Kadapa district on 15 March 2019.
Sakshi is an Indian Telugu-language media group. The group owns the daily newspaper Sakshi, 24-hour news channel Sakshi TV, and associated digital ventures. Its first asset, Sakshi newspaper, was launched on 23 March 2008 by Jagati Publications Ltd. owned by Y. S. Jagan Mohan Reddy. Sakshi TV was launched on 1 March 2009, by Indira Television Ltd., also owned by Reddy. The group is currently run under the chairmanship of Y. S. Bharathi Reddy, wife of Jagan Mohan Reddy.
Yeduguri Sandinti Jagan Mohan Reddy, also known mononymously as Jagan, is an Indian politician, currently serving as the Member of Legislative Assembly (MLA) representing Pulivendula Assembly constituency in the Andhra Pradesh Legislative assembly. He served as the 17th Chief Minister of Andhra Pradesh from 2019 to 2024, and is the current president of the YSR Congress Party (YSRCP). He is also the son of Y. S. Rajasekhara Reddy.
Nimmagadda Prasad is an Indian industrialist from Andhra Pradesh, India. He is known for his ventures in the Pharmaceutical and Television industries, and is involved in philanthropic activities through Nimmagadda Foundation.
Sakshi TV is an Indian Telugu-language 24-hour news channel. It was launched on 1 March 2009, by Indira Television Ltd. owned by Y. S. Jagan Mohan Reddy. It is currently run under the chairmanship of Y. S. Bharathi Reddy, wife of Jagan Mohan Reddy. The media group also owns the Telugu daily newspaper, Sakshi.
Sakshi is an Indian Telugu language daily newspaper sold mostly in the states of Andhra Pradesh and Telangana. It was launched on 23 March 2008 by Jagati Publications Ltd. owned by Y. S. Jagan Mohan Reddy.
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Mopidevi Venkataramana Rao is an Indian politician, who is currently serving as the Member of Parliament, Rajya Sabha from YSR Congress Party representing Andhra Pradesh. He was the former cabinet minister under Kiran Kumar Reddy. He also served as Ports, infrastructure and investments minister under Y. S. Rajasekhara Reddy. He was elected in 1999 and 2004 from Kuchinapudi Assembly. In 2009, He was again elected from Repalle. He was elected to Rajya Sabha, Upper House of the Parliament of India from Andhra Pradesh in the 2020 Rajyasabha elections as a member of the YSR Congress Party.
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Y. S. Avinash Reddy is an Indian politician who is the Member of Parliament in 16th Lok Sabha and 17th Lok Sabha from Kadapa, Andhra Pradesh. He won the Indian general elections of 2014, 2019 and 2024 being a YSR Congress Party candidate.
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Vasantha Venkata Krishna Prasad is an Indian politician and businessman from the state of Andhra Pradesh. He contested the 2019 Andhra Pradesh Legislative Assembly election and won as the Member of the Legislative Assembly (MLA) representing the Mylavaram Assembly constituency on behalf of YSR Congress Party (YSRCP) and has been serving as the MLA since 2019. In 2024, he left the YSRCP and joined the Telugu Desam Party (TDP) and contested the 2024 Andhra Pradesh Legislative Assembly election representing Mylavaram constituency on behalf of the TDP. He had unsuccessfully contested from Nandigama Assembly constituency on behalf of Indian National Congress in 1999.