Court rejects plea to defreeze Sakshi TV accounts

A special CBI court on Monday dismissed a petition by YS Jaganmohan Reddy’s Jagathi publications to defreeze the bank accounts of Sakshi TV.

The publication had on May 9 filed the plea, following which the court had asked the investigating agency to file a reply.

Earlier, reacting to the CBI’s closure of the Current Accounts of the Group’s organisations, the Sakshi group had called it an attempt to gag the media and free speech. It had denied the charge that Sakshi was being used to park ill-gotten wealth.

The CBI had on Tuesday last approached the banks for freezing the accounts of Jagati Publications and Indira TV, owned by Jaganmohan Reddy. The move by the agency had come a day after a special CBI court in Hyderabad issued summons, directing Jaganmohan to appear before it on May 28 in a disproportionate assets case.