Sunday, October 1, 2023
HomeTelanganaTelangana High Court Rules Against Sai Sindhu Foundation Trust's Land Allocation for...

Telangana High Court Rules Against Sai Sindhu Foundation Trust’s Land Allocation for Cancer Hospital

The Telangana High Court has ruled that the Sai Sindhu Foundation Trust led by Bharat Rashtra Samithi (BRS) MP and Hetero Group Chairman B. Partha Saradhi Reddy, was not entitled to 15 acres of government land in Hyderabad. The court overturned a 2018 Government Order allocating land in Khanamet near Gachibowli for the development of a cancer hospital.

The ruling came in response to a Public Interest Litigation (PIL) filed by Dr. Urmila Pingle, Suresh Kumar, and others, who challenged the assignment on the grounds that the land, worth over Rs 500 crore, was leased for a paltry fee. They further mentioned that the chairman of the Sai Sindhu Foundation is being investigated for money laundering under the Prevention of Money Laundering Act (PMLA). The market value of the land is Rs 75,000 per square yard, according to the District Collector’s report, and the annual leasing fee is Rs 1.47 lakh.

The administration justified the allocation, claiming that the economic component should not be addressed in this situation given to the country’s high rate of cancer-related mortality. They further mentioned that the Sai Sindhu Foundation’s chairperson is the CEO of Hetero Group, a famous pharmaceutical company situated in Hyderabad.

Partha Saradhi Reddy, the founder and CEO of Hetero Drugs, was nominated as the BRS candidate in the Rajya Sabha elections last year and was elected unchallenged.



(This story is sourced from a third-party syndicated feed. Raavi Media takes no responsibility or liability of any nature. Raavi Media management/ can alter or delete the content without notice for any reason.)