They appeared before the Nampally court in connection with a money laundering case
YSRC chief Y.S. Jagan Mohan Reddy
Hyderabad: YSRC chief Y.S. Jagan Mohan Reddy and his financial adviser V. Vijay Sai Reddy appeared before the Nampally court in connection with a money laundering case registered by the Enforcement Directorate.
In a counter filed against Mr Jagan Mohan Reddy’s petition, the ED said it was not following in the footsteps of the CBI in this case. “The ED is an independent investigative agency under the ministry of finance, it has its own procedures. CBI chargesheets deal with various aspects of the disproportionate assets case, but this case is pertaining to the alleged money laundering done by the accused,” ED officials said.
Earlier, the judge had acceded to a petition by Mr Ashok Reddy, counsel for Mr Vijay Sai Reddy, who asked whether the ED was following in the footsteps of CBI, which had filed 11 chargesheets.
Mr Ashok Reddy said the ED had filed its enforcement case information register and its first complaint in the Jagathi Publications (publishers of Sakshi) case. He said the ED would approach the court in the 10 other cases. He said the Prevention of Money Laundering Act, under which the ED operates, was different from the IPC and the Prevention of Corruption Act.
( Source : deccan chronicle )
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