Jagan Reddy PMLA case: ED attaches Rs 148 cr assets

Team Udayavani, Jul 28, 2017, 4:20 PM IST

Hyderabad: The ED has attached assets worth over Rs 148 crore in connection with its money laundering probe in cases related to YSR Congress leader Jagan Mohan Reddy and others, the agency said.

“ED attaches land worth Rs 148.89 crore in Andhra Pradesh under PMLA of companies of Nimmagadda Prasad in YS Jagan Mohan Reddy case,” the agency said.

A provisional attachment order under the PMLA law has been issued, a senior official said.

The ED began its probe against the politician and his associates on the basis of a CBI FIR that stated that since “May 2004, Jagan floated number of companies wherein quid pro quo investments have been made by beneficiaries from decisions of the state government in various forms like SEZs (special economic zones), irrigation contracts, relaxation/permission for real estate ventures, mines among others.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

SC directs Centre to respond on rehabilitation framework for victims of sex trafficking

Come out with reservation blueprint, distribution plan among castes, sub-castes: Rajnath to Cong

Banned tobacco products worth Rs 15.6 lakh seized in Palghar; one held

PM serving interests of billionaires at expense of poor, alleges Rahul Gandhi

Kolkata Police arrests musician from Mumbai for molesting student

KL Rahul suffers blow on elbow, management keeps close watch ahead of 1st Test against Australia

Ancient Vandar Kambala: A Thousand-year tradition of faith and heritage in Kundapur

Related Articles More

SC directs Centre to respond on rehabilitation framework for victims of sex trafficking

SC seeks reasons for denying maternity leave to woman if adopted child aged above 3-month

Come out with reservation blueprint, distribution plan among castes, sub-castes: Rajnath to Cong

Banned tobacco products worth Rs 15.6 lakh seized in Palghar; one held

Centre undertaking reforms to ensure entrance exam system error-free: Pradhan

MUST WATCH

| ₹50 LAKH SEIZED FROM TIRE |

New Technology In Kambala

Lakshdeepotsava 2024 Shree Krishna Mutt

Punganur Cow

Rangoli design


Latest Additions

SC directs Centre to respond on rehabilitation framework for victims of sex trafficking

SC seeks reasons for denying maternity leave to woman if adopted child aged above 3-month

Come out with reservation blueprint, distribution plan among castes, sub-castes: Rajnath to Cong

Udupi: Free registration on NFDP portal for fishermen under PM-MKSSY

Non-consensual intercourse with minor wife is rape, says HC; upholds man’s 10 year sentence

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.