Guntur District Cooperative Central Bank (GDCCB) Chairman Rathamsetty Seetharamanjaneyulu alleged that Telugu Desam Party (TDP) leader Dhulipalla Narendra had taken over the Sangam Dairy board in a planned and fraudulent manner. Speaking to the media on Sunday, he said that the TDP leader was making false allegations that Rs 500 crore was misappropriated from GDCC Bank.