Tough times ahead for Jagan

Tough times ahead for Jagan


YSR Congress chief YS Jaganmohan Reddy, who is currently spending jail life in Chanchalguda, is in a fresh trouble as the the Enforcement Directorate (ED) is likely to get his custody soon. More than the CBI, this Central Agency is giving sleepless nights to the Kapada MP.  

The ED is probing the Jagan illegal assets case and already registered cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA).  

Enforcement Directorate recently approached CBI court seeking permission for the custody of Jagan and record his statement, as the Kadapa MP attracted investments into his companies from private firms as part of the quid pro quo deal when his father late YSR was CM of the state, floated several briefcase companies and also has hand in hawala transactions. The court, however, reserved its orders to JUNE 19 on Jagan's custody plea.  

According to the senior HC lawyers, the ED is likely to get permission to interrogate the Yuva Neta in the next hearing itself. So, tough times ahead for Jagan

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