The Andhra Pradesh government on Friday issued orders allowing the Central Bureau of Investigation (CBI) to attach the properties of YSR Congress party president Y S Jaganmohan Reddy in his alleged illegal assets case.
Besides, orders were also issued to enable the CBI to attach the properties of Jagan’s close relative N Sunil Reddy and industrialist Koneru Prasad, the accused in Emaar Properties case.
Home Secretary Ajayendra Pyal confirmed the issuance of three GOs pertaining to attachment of the assets in Jagan’s and Emaar Properties case. While GO Ms No. 87 pertained to attachment of properties of Sunil Reddy, GO Ms No. 88 pertained to the attachment of Koneru Prasad’s properties and GO Ms No. 89 is on the attachment of Jagathi Publications (that brings out Sakshi Telugu daily), Indira Television (that brings out Sakshi Telugu television channel) and Janani Infra, their sister concern – all the three belonging to Jagan.
The GOs were categorized as “confidential” and thus, the contents of the GOs have been kept secret.
Sources in the home department said the CBI would now seek the permission of the special court to attach the properties. It would also write to the CBI headquarters for the final approval.
The CBI had already frozen the accounts of Jagathi Publications, Indira Television and Janani Infra, which were named in the first chargesheet filed before the special court on March 31.
Once the CBI gets the court nod, it would take over these properties. The management of these companies would not be able to carry out any transactions on the properties – it can neither sell nor mortgage the properties. They cannot obtain loans nor can they induct any other partner in these companies.