Looks like the AP State Minorities Finance Corporation (APSMFC) scam is sucking in the novel 'One Nation One' card launched by the Dada of Cricket Sourav Ganguly. As per reports Ch VK Sai Kumar, the prime accused in the Rs 55.47 Cr scam planned to launch this card his brain child using this money. Sai Kumar who is under CID custody and is being interrogated over the issue is said to have had plans to launch the card with the President of India, too.
Sources reveal that the accused used the funds to propagate the card which was of course a novel concept. It was being launched on a state wise agenda and initially in Hyderabad it was launched at the Novotel Hotel with the Dada. There was a luxurious musical fare that followed the launch. It is also said that Sai Kumar had collected lakhs of rupees from gullible entrepreneurs assuring them franchise of the card.
Many had complained to the CID sleuths regarding the franchise affair and it seems one has paid up to Rs ten lakhs for the franchise. Along with Sai Kumar, many employees of the APSMFC and some from Vijaya Bank, (where the accused and his accomplice opened an account on APSMFC with out the permission of the corporation), are being questioned by the CID. (With inputs from internet-AW AarKay)