aaa. It is submitted that Sri Naidu was declared a lifetime trustee in his personal capacity, and the Trust cannot in any way be inherited by his political party, the TDP.
bbb. Over the next 2 years, a massive building was constructed at the site and that too by the very L&T who were beneficiaries of Sri Naidu’s generosity in granting them the contract for Hitech City. That such favours were illegal is borne out by the fact that the entire construction was done free of cost. It may be noted that while the income of the Trust was only Rs.8 lakh, the value of the construction ran into several crores.
ccc. In 1999, after the construction of the building was completed, it became the official headquarters of Sri Naidu’s Telugu Desam Party and promptly started being used for political purposes. The TDP has also been paying rent to the Trust for this purpose. More
