Andhra Pradesh CM Jagan Reddy to Appear Before ED Court in Land Allotment Irregularities Case – Cases of alleged irregularities in land allocation, CM Jagan Reddy to appear before special court

0
5

Andhra Pradesh Chief Minister Jagan Reddy will appear before the court (file photo)

Hyderabad:

Andhra Pradesh Chief Minister Jaganmohan Reddy has been directed to appear before a special court of the Enforcement Directorate (ED) on Monday. The case relates to alleged irregularities in the allocation of land to pharma companies while his father, the late YS Rajasekhara Reddy, was the Chief Minister. In this case, summons have also been issued to YSR Congress Rajya Sabha MP Vijay Sai Reddy, Hetero Drugs Director Srinivas Reddy, Aurobindo Pharma MD Nityananda Reddy and Trident Life Sciences Director Sharat Chandra Reddy.

Also read

The special court is investigating allegations of inconsistent income and “quid pro quo” investment. It is alleged that between 2004 and 2009 (when YS Rajasekhara Reddy was in power) pharmaceutical companies invested in companies linked to Jagan Reddy in exchange for land in SEZ (Special Economic Zone).

Chief Minister Jagan Reddy has been instructed to appear before the Hyderabad court after the case was transferred from the local court of Napalli. In 2016, the central agency filed a chargesheet in the Napalli court. The case has been transferred to the ED court due to alleged crime related to money laundering.

The special court of ED will also hear the charge sheet of CBI, whose investigation is based on the case of the Enforcement Directorate. In this case, CBI has filed 11 and Enforcement Directorate has filed 6 chargesheets.

Newsbeep

LEAVE A REPLY

Please enter your comment!
Please enter your name here