In a dramatic twist, former Visakhapatnam MP MVV Satyanarayana and his associate, Gannamaneni Venkateswara Rao (GV), the former chairman of Visakha Smart City Corporation, are reportedly making significant efforts to switch their political allegiances. This move follows MVV Satyanarayana’s crushing defeat in the Visakha East Constituency to Telugu Desam candidate Velagapudi Ramakrishna Babu by a staggering margin of over 70,000 votes.
Sources close to the matter suggest that the duo’s attempt to realign politically is driven by a need to protect their considerable assets, amassed during their tenure under the YCP regime, from impending legal challenges. Notably, Satyanarayana was conspicuously absent from a crucial meeting with YV Subbareddy, the Rajya Sabha member and Uttarandhra in-charge of the YCP, during his recent visit to Visakhapatnam on Thursday. This absence has fueled speculation about Satyanarayana’s intentions.
Reports indicate that MVV Satyanarayana and GV have proposed substantial financial incentives to facilitate their transition to a new political party, allegedly engaging in covert negotiations to secure protection for their assets from the new Telugu Desam government. Last Saturday, the pair reportedly organized a pivotal meeting in Hyderabad to solidify their plans.
Adding to the intrigue, Anakapalli MP’s meeting with CM Ramesh, a key figure with business ties to Chief Minister Chandrababu Naidu, signals ongoing political strategising. Although elected as a BJP MP, CM Ramesh’s connections with Naidu hint at potential deal-making. However, Ramesh deferred any decisions, indicating that discussions would resume in three months, leaving MVV and GV in a state of limbo.
Lingamaneni Ramesh, known for his close ties with influential Telugu Desam leaders and involvement in Janasena activities, is believed to have facilitated discussions aimed at preventing legal action against MVV and GV. Despite these efforts, no concrete assurances have emerged, leaving YCP leaders disenchanted and criticising party figures like Jagan, YS Bharti, and Talasila Raghuram for prioritising financial gains over party loyalty.
Further compounding MVV’s troubles, speculation is rife that the new government might reopen a rowdy sheet against him, initially filed over a land dispute during the previous Telugu Desam administration. Additionally, a kidnapping incident involving MVV’s family last year, allegedly linked to business conflicts, continues to tarnish his reputation. This incident saw multiple settlements involving the accused abductors.
Controversy also surrounds MVV’s acquisition of prime land originally allocated for elderly and disabled care under the YS Rajasekhara Reddy government, which was allegedly diverted into profitable real estate ventures with district officials’ collusion. Scrutiny extends to lands in Siripuram, formerly held by the Convention of Baptist Churches of Northern Circars (CBCNC), now controlled by MVV under questionable circumstances. The coalition government is probing these transactions, with Janasena leader Pawan Kalyan vowing to take decisive action once in power.
As these political and legal dramas unfold, the future of MVV Satyanarayana and GV remains uncertain. Their ability to navigate the intricate and volatile political landscape of Andhra Pradesh will determine their fate in the coming months.
