Hyderabad: YSR Congress chief Jaganmohan Reddy and co-accused individuals and companies named in the 11 charge sheets filed by the Central Bureau of Investigation could be in fresh trouble with the Enforcement Directorate gearing up to initiate another round of attachments of “proceeds of crime.” The agency has thus far attached properties worth nearly Rs 15 billion under the Prevention of Money Laundering Act in connection with at least four CBI charge sheets. The prime allegation is that during his father’s (former AP chief minister Y S Rajasekhara Reddy’s) tenure, Jaganmohan had floated several companies to receive “quid pro quo” in the form of investments for extending favours to individuals and companies through allocation of government land at cheap rates and grant of exemptions on various counts.
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5th Dec 2025 | Updated at 02:32am 5th Dec 2025
