Kesineni Nani Accuses Revanth Reddy Govt of Aiding Fraudulent ₹5,000 Cr Deal

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Former Vijayawada MP Kesineni Nani has accused the Telangana government, led by Chief Minister Revanth Reddy, of backing a fraudulent ₹5,000 crore data centre project involving Ursa Clusters Pvt Ltd. The company signed an MoU with the state during the Davos summit, a move Nani claims is part of a larger scam.

Nani alleged that Ursa Clusters is a benami firm floated by his brother, Vijayawada MP Kesineni Sivanath (Chinni), with close aide Abburi Satish—linked to a past financial fraud—as director. He said the Revanth Reddy government is enabling land and investment deals without proper scrutiny, and demanded an immediate probe into the company’s background and political ties.