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← Older revision		Revision as of 15:16, 3 February 2022
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	{{Use dmy dates\|date=August 2018}}		{{Use dmy dates\|date=August 2018}}
	{{Use Indian English\|date=August 2018}}		{{Use Indian English\|date=August 2018}}
	'''Vadarevu and Nizampatnam Industrial Corridor'''(VANPIC) is an upcoming [[industrial park]] located between [[Guntur district]] and [[Prakasam district]] in [[Andhra Pradesh]], [[India]]. It is spread over 13,000 acres.<ref>[https://archive.today/20130703114415/http://articles.timesofindia.indiatimes.com/2013-02-13/hyderabad/37078577_1_vanpic-vadarevu-nizampatnam ]</ref><ref>{{cite web\| url = http://www.thehindu.com/news/national/andhra-pradesh/farmers-plough-vanpic-land-in-aluru/article3619257.ece\| title = Farmers plough Vanpic land in Aluru - The Hindu}} </ref> It is under CBI investigation for land acquisition and other allegation. Around 4000 acres was acquired for port development. Large tracts of land was acquired from local farmers. In April 2011, the property consultant, [[Jones Lang LaSalle]] estimated the 13,000 acres at {{INR}}1,426 crores.		'''Vadarevu and Nizampatnam Industrial Corridor'''(VANPIC) is an upcoming [[industrial park]] located between [[Guntur district]] and [[Prakasam district]] in [[Andhra Pradesh]], [[India]]. It is spread over 13,000 acres.<ref>{{cite web \|url=http://articles.timesofindia.indiatimes.com/2013-02-13/hyderabad/37078577_1_vanpic-vadarevu-nizampatnam \|title=Archived copy \|website=articles.timesofindia.indiatimes.com \|access-date=3 February 2022 \|archive-url=https://archive.today/20130703114415/http://articles.timesofindia.indiatimes.com/2013-02-13/hyderabad/37078577_1_vanpic-vadarevu-nizampatnam \|archive-date=3 July 2013 \|url-status=dead}}</ref><ref>{{cite web\| url = http://www.thehindu.com/news/national/andhra-pradesh/farmers-plough-vanpic-land-in-aluru/article3619257.ece\| title = Farmers plough Vanpic land in Aluru - The Hindu}}</ref> It is under CBI investigation for land acquisition and other allegation. Around 4000 acres was acquired for port development. Large tracts of land was acquired from local farmers. In April 2011, the property consultant, [[Jones Lang LaSalle]] estimated the 13,000 acres at {{INR}}1,426 crores.

	==History==		==History==
	The land was acquired by the government in 2008 .<ref>[https://archive.today/20130703114440/http://articles.timesofindia.indiatimes.com/2012-10-14/hyderabad/34448592_1_vanpic-case-nizampatnam-ports-vanpic-projects-pvt ]</ref>		The land was acquired by the government in 2008 .<ref>{{cite web \|url=http://articles.timesofindia.indiatimes.com/2012-10-14/hyderabad/34448592_1_vanpic-case-nizampatnam-ports-vanpic-projects-pvt \|title=Archived copy \|website=articles.timesofindia.indiatimes.com \|access-date=3 February 2022 \|archive-url=https://archive.today/20130703114440/http://articles.timesofindia.indiatimes.com/2012-10-14/hyderabad/34448592_1_vanpic-case-nizampatnam-ports-vanpic-projects-pvt \|archive-date=3 July 2013 \|url-status=dead}}</ref>

	==Location==		==Location==
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	==Investigation==		==Investigation==
	Former minister [[Mopidevi Venkataramana]] was arrested in the case by the CBI, and minister Dharmana Prasad Rao resigned over allegations.<ref>[https://archive.today/20130703114416/http://articles.timesofindia.indiatimes.com/2012-08-15/hyderabad/33216409_1_vanpic-land-nimmagadda-prasad-vanpic-ports ]</ref><ref>{{cite news \| url=https://www.ndtv.com/south/andhra-pradesh-minister-to-be-prosecuted-in-vanpic-case-510991 \| title=Andhra Pradesh minister to be prosecuted in VANPIC case \| date=21 January 2013 \| first=Uma \| last=Sudhir \| publisher=NDTV \| accessdate=1 August 2018 }}</ref> Another company, VANPIC projects was started by industrialist, [[Nimmagadda Prasad]] and [[Ras Al Khaimah]] (RAK group), and the company was allotted 24,000 acres by the government.		Former minister [[Mopidevi Venkataramana]] was arrested in the case by the CBI, and minister Dharmana Prasad Rao resigned over allegations.<ref>{{cite web \|url=http://articles.timesofindia.indiatimes.com/2012-08-15/hyderabad/33216409_1_vanpic-land-nimmagadda-prasad-vanpic-ports \|title=Archived copy \|website=articles.timesofindia.indiatimes.com \|access-date=3 February 2022 \|archive-url=https://archive.today/20130703114416/http://articles.timesofindia.indiatimes.com/2012-08-15/hyderabad/33216409_1_vanpic-land-nimmagadda-prasad-vanpic-ports \|archive-date=3 July 2013 \|url-status=dead}}</ref><ref>{{cite news \| url=https://www.ndtv.com/south/andhra-pradesh-minister-to-be-prosecuted-in-vanpic-case-510991 \| title=Andhra Pradesh minister to be prosecuted in VANPIC case \| date=21 January 2013 \| first=Uma \| last=Sudhir \| publisher=NDTV \| accessdate=1 August 2018 }}</ref> Another company, VANPIC projects was started by industrialist, [[Nimmagadda Prasad]] and [[Ras Al Khaimah]] (RAK group), and the company was allotted 24,000 acres by the government.

	The mechanisms of the large scale corruption in the case was highlighted in the fourth charge sheet filed by the CBI in the [Y. S. Jaganmohan Reddy] corruption case. The charge sheet relates to the VANPIC project:		The mechanisms of the large scale corruption in the case was highlighted in the fourth charge sheet filed by the CBI in the [Y. S. Jaganmohan Reddy] corruption case. The charge sheet relates to the VANPIC project:

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{{Use dmy dates|date=August 2018}}
{{Use Indian English|date=August 2018}}
'''Vadarevu and Nizampatnam Industrial Corridor'''(VANPIC) is an upcoming [[industrial park]] located between [[Guntur district]] and [[Prakasam district]] in [[Andhra Pradesh]], [[India]]. It is spread over 13,000 acres.<ref>[https://archive.today/20130703114415/http://articles.timesofindia.indiatimes.com/2013-02-13/hyderabad/37078577_1_vanpic-vadarevu-nizampatnam ]</ref><ref>{{cite web| url = http://www.thehindu.com/news/national/andhra-pradesh/farmers-plough-vanpic-land-in-aluru/article3619257.ece| title = Farmers plough Vanpic land in Aluru - The Hindu}} </ref> It is under CBI investigation for land acquisition and other allegation. Around 4000 acres was acquired for port development. Large tracts of land was acquired from local farmers. In April 2011, the property consultant, [[Jones Lang LaSalle]] estimated the 13,000 acres at {{INR}}1,426 crores.

==History==
The land was acquired by the government in 2008 .<ref>[https://archive.today/20130703114440/http://articles.timesofindia.indiatimes.com/2012-10-14/hyderabad/34448592_1_vanpic-case-nizampatnam-ports-vanpic-projects-pvt ]</ref>

==Location==
It is located near [[Nizampatnam]] in Guntur district.

==Investigation==
Former minister [[Mopidevi Venkataramana]] was arrested in the case by the CBI, and minister Dharmana Prasad Rao resigned over allegations.<ref>[https://archive.today/20130703114416/http://articles.timesofindia.indiatimes.com/2012-08-15/hyderabad/33216409_1_vanpic-land-nimmagadda-prasad-vanpic-ports ]</ref><ref>{{cite news | url=https://www.ndtv.com/south/andhra-pradesh-minister-to-be-prosecuted-in-vanpic-case-510991 | title=Andhra Pradesh minister to be prosecuted in VANPIC case | date=21 January 2013 | first=Uma | last=Sudhir | publisher=NDTV | accessdate=1 August 2018 }}</ref> Another company, VANPIC projects was started by industrialist, [[Nimmagadda Prasad]] and [[Ras Al Khaimah]] (RAK group), and the company was allotted 24,000 acres by the government.

The mechanisms of the large scale corruption in the case was highlighted in the fourth charge sheet filed by the CBI in the [Y. S. Jaganmohan Reddy] corruption case. The charge sheet relates to the VANPIC project:
:quid-pro-quo investments made by industrialist Nimmagadda Prasad to the tune of Rs 854 crores into the companies of YS Jagan and allotment of 22,000 acres of land to Nimmagadda Prasad in violation of prevailing rules and regulations.<ref>
{{cite news
| title = Jaganmohan Reddy Gets Bail: A Chronology
| publisher = [[Outlook (Indian magazine)|Outlook]]
| url = http://news.outlookindia.com/items.aspx?artid=811239
| date = 23 Sep 2013
}}</ref>

The "suitcase company" methodology was succinctly described by [[Supreme Court of India]] Chief justice [[P. Sathasivam]].:
:The investigation disclosed the payment of illegal gratification of Rs. 30 crores to Y.S. Jagan Mohan Reddy (A-1) by Nimmagadda Prasad (A-3) for the wrongful gain obtained by A-3 from the Government of Andhra Pradesh in connection with awarding a project consisting of development of two Sea Ports and an Industrial Corridor as VANPIC Project and falsification of documents to cover up the said payment etc.<ref>
{{cite web
| title = Y.S.Jagan Mohan Reddy vs C.B.I.
| author = Chief Justice [[P. Sathasivam]]
| publisher = [[Supreme Court of India]]
| url = http://indiankanoon.org/doc/183369852/
| date = 9 May 2013
}}</ref>

==References==
{{reflist}}

==External links==
* [http://vanpic.in/ Official site]

{{coord missing|Andhra Pradesh}}

[[Category:Proposed infrastructure in Andhra Pradesh]]
[[Category:Buildings and structures in Guntur district]]
[[Category:Buildings and structures in Prakasam district]]
[[Category:Corruption in Andhra Pradesh]]

VANPIC - Revision history

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