MAA Controversy : Srikanth Open Challenge on Misuse Of Funds

Vastavam web: MAA President Shivaji Raja’s Camp convened a press conference Today to condemn the allegations of misuse of funds. Hero Srikanth clarified there is no truth in the allegations of diversion of the funds raised for MAA building. ’50 Members of MAA attended US Event of Chiranjeevi garu. We received the agreement amount from the US organizer and that’s what matters the most. Whether if the Organizer earns profit or incurs loss, MAA will have nothing to do with it. I won’t visit MAA Office again and cancel my membership as well if anyone could prove there is a shortage of at least 5 paisa of the Agreement Amount.

MAA Treasurer Paruchuri Venkateswara Rao denied division in MAA after the US Event. ‘Naresh couldn’t be here due to a film shoot. When we took charge a year ago, MAA had a fund of Rs 2.10 crore. Today, It has increased to Rs 5.60 crore.