₹100 Crore Parakamani Scandal Rocks Tirumala: Political Factions Clash Over Temple Treasury Theft
A fresh controversy has erupted over the alleged Parakamani (temple treasury) scam at Tirumala, with the TDP and YSRCP trading accusations amidst claims of a massive ₹100 crore loot. The scandal has sparked a political storm, with both parties pointing fingers at each other's complicity.
Parakamani ScamTirumalaTtdPolitical ScandalTemple TreasuryReal EstateSep 20, 2025
TTD Board Member Bhanu Prakash Reddy alleged that during the YSRC regime, temple staffer Ravikumar stole huge sums from the treasury, diverting funds into real estate and even towards the “Tadepalli Palace.” He claimed senior YSRC leaders, officials, and a police officer were complicit. Reddy said the High Court has now transferred the case to the CID, ordering a detailed probe and sealed cover report within a month. He also accused former TTD chairman Bhumana Karunakar Reddy of shielding those responsible.
Bhumana, however, dismissed the charges. He said it was YSRCP’s vigilance that caught Ravikumar in April 2023 stealing US dollars worth Rs 72,000. Following his confession of repeated thefts over two decades, Ravikumar and his family surrendered assets worth Rs 14.43 crore to TTD through Lok Adalat in July 2023. Bhumana alleged that during Chandrababu Naidu’s earlier tenure such thefts were ignored, claiming that had Ravikumar been caught then, “the assets would have gone to TDP leaders instead of TTD.” He accused the opposition of exploiting Tirumala for political mileage and said TDP lacked both devotion and fear of God.
The Parakamani scam has not only raised questions about the security and management of the temple treasury but also highlighted the deep-seated political rivalries in the region. The TTD, one of the richest religious institutions in the world, manages the affairs of the Tirumala Venkateswara Temple, a significant pilgrimage site for millions of devotees. The temple’s treasury, known as Parakamani, is a crucial source of funds for various charitable and religious activities.
The controversy has sparked widespread public outrage, with many demanding a thorough and transparent investigation. The CID’s involvement is seen as a significant step towards uncovering the truth and ensuring justice. However, the political implications of the scandal are far-reaching, with both parties using the issue to gain leverage in the upcoming elections.
As the investigation progresses, the focus remains on ensuring that the temple’s funds are safeguarded and that those responsible for the theft are held accountable. The TTD has taken steps to strengthen its security measures and internal controls to prevent such incidents in the future. The outcome of the CID probe will likely have a significant impact on the political landscape of Andhra Pradesh and the trust of the public in the management of the temple’s affairs.
In the meantime, the TTD continues to operate under increased scrutiny, with both political parties and the public watching closely to ensure that the temple’s resources are used for the benefit of all. The scandal serves as a reminder of the importance of transparency and accountability in the management of religious institutions and public funds.
Frequently Asked Questions
What is the Parakamani scam?
The Parakamani scam refers to the alleged theft of a significant amount of money from the temple treasury (Parakamani) of the Tirumala Venkateswara Temple. The theft is claimed to be around ₹100 crore, and it has sparked a political storm between the TDP and YSRCP parties.
Who is Bhanu Prakash Reddy?
Bhanu Prakash Reddy is a TTD Board Member who has alleged that the theft from the temple treasury occurred during the YSRC regime, implicating senior YSRC leaders, officials, and a police officer in the scandal.
What role did the High Court play in the Parakamani scam?
The High Court ordered the transfer of the case to the CID, directing a detailed probe and a sealed cover report to be submitted within a month. This move is seen as a significant step towards ensuring a thorough investigation of the allegations.
What did Bhumana Karunakar Reddy say about the theft?
Bhumana Karunakar Reddy, the former TTD chairman, dismissed the charges and claimed that it was the YSRCP’s vigilance that caught Ravikumar stealing US dollars worth Rs 72,000. He also accused the opposition of exploiting the scandal for political gain.
What are the implications of the Parakamani scam for the TTD and the political landscape of Andhra Pradesh?
The Parakamani scam has significant implications for the TTD, as it has raised questions about the security and management of the temple treasury. Politically, the scandal has intensified the rivalry between the TDP and YSRCP parties, with both using the issue to gain leverage in the upcoming elections.
Related News Articles
Real Estate Market Sees Gains Amid Positive Trend
Real Estate stocks rise as S&P BSE Realty Index gains 0.96% at 8117.27
Makers of 'Burj Khalifa' Enter Mumbai with Ultra-Luxury Villa Project
The real estate market in Maharashtra is set to witness a significant transformation with the launch of 'The Casa Venero,' an ultra-luxury villa project by the makers of the world-renowned Burj Khalifa.
Kanakapura Road: Bangalore's Emerging Eco-Friendly Real Estate Hub
Kanakapura Road in Bangalore is rapidly transforming into a sought-after real estate hotspot, with many residential projects emphasizing eco-friendly living. Green initiatives, landscaped gardens, and proximity to nature are key features attracting homebu
Maharashtra: Real Estate Sectors Anticipates Revolutionary Changes with New Government
The real estate sector in Maharashtra is buzzing with optimism as the newly formed government is expected to introduce transformative policies that could unlock significant growth and development in the industry.
Wakad and Wagholi in Pune Witness Significant Real Estate Price Growth
Pune's real estate market has seen impressive growth, with Wakad and Wagholi leading the way. Wakad, a prime area, recorded a 27% price increase, while the peripheral area of Wagholi saw a staggering 37% growth.
Hiranandani Group Makes Strategic Entry into Pune's Real Estate Market with Landmark Deal
The Hiranandani Group, one of India's leading real estate developers, has officially entered the vibrant real estate market of Pune by partnering with Krisala Developers on a significant 105-acre project.