Enforcement Directorate seizes assets of Jagan’s aide

Hyderabad: The Enforcement Directorate has provisionally attached three properties of industrialist I. Shyam Prasad Reddy in connection with the Lepakshi conspiracy aspect of the quid pro quo case of Opposition leader Y.S. Jagan Mohan Reddy.

The ED has attached properties worth Rs 53 crore in Ranga Reddy district. Mr Shyam Prasad is MD of Indu Projects.The ED alleges that he helped Mr Jagan Mohan Reddy launder “proceeds of crime.”