The CBI Court, which is trying Jaganmohan Reddy's illegal assets case, has permitted the Enforcement Directorate to have a look at the copies of second and third charge sheets filed by the Central Bureau of Investigation, which is probing illegal assets case.

It may be noted that the Enforcement Directorate has also filed separate cases against YSR Congress chief Jaganmohan Reddy. The cases slapped against Jagan are under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA).

It may be noted that CBI filed as many as three charge sheets in connection with Jagan illegal assets case and Jagan is named as the prime accused. The CBI argues that Jagan allegedly used the influence of his father late YSR, who was the then chief minister, to benefit several business tycoons, who in turn made crores of investments in Jagan’s companies as a gratitude.

There are 26 controversial GOs issued and as many as six ministers of YSR cabinet, who are also continuing in Kiran sarkar, were allegedly responsible for issuing those GOs that benefited the investors in Jaganmohan Reddy’s companies.
(Phani)