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Money Laundering case

jagan with syam

The Enforcement Directorate on Thursday attached properties worth Rs. 130crore in connection with the money laundering probe against YSR Congress president Y.S. Jagan Mohan Reddy and businessman. Syam Prasad Reddy.
“He doesn’t listen to anyone of us. He doesn’t allow us to speak in assembly and keep stopping us even in the party office. If someone’s dare enough to speak out, he turns a deaf ear to it. The only voice that can be heard from our party will be his own voice and not of anyone else’s. That is why we started calling him Seethaiah, the man who never listens to others,” said a YSR Congress MLA.
It accused Mr. Syam Prasad Reddy of paying bribes to Mr. Jagan Mohan Reddy in the guise of investing in the latter’s group companies as quid pro quo for undue favors received from the government of then undivided Andhra Pradesh.
One of the other members from YSRCP was seen expressing his distress in front of the media. He was really bothered about the sudden u-turn that their leader take and the way he walks out of the assembly. “He doesn’t ask or consult the seniors before any decision was taken. Despite of repeated requests from all of us not to stall the assembly sessions, our leader’s main intention hasn’t changed much,” said that MLA.
The ED identified proceeds of the crime in the form of movable and immovable properties. The agency has already attached assets worth over Rs.1,000Crore in these cases.