Jagan gets a power shock from ED

jagan-shockThe opposition YSRCP leader Jagan Mohan Reddy gets a big shocker from Enforcement Directorate (ED) in disproportionate assets case.

ED earlier attached 903 acres of lands belonging to Jagan owned Saraswati Power, in four villages in Guntur district worth 319 crores. Jagan made an appeal at the Appellate Tribunal.

Later, the adjudicating authority of ED passed an order confirming Saraswati Power provisional properties. the Appellate and Adjudicating Authority has also directed ED to issue notices in newspapers.

An announcement is made in news dailies that anyone who tries to sell these lands or construction any commercial buildings in this area will be liable for legal action. Jagan is likely to knock Supreme court to get a stay.