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Y.S.Jagan Mohan Reddy Black money case, CBI inquiry


Posted Date: 29-Jul-2011  Last Updated:   Category: Hyderabad News    
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Y.S.Jagan Mohan Reddy Black money case, CBI inquiry and High court decision on Y.S.Jagan Black money scam



Y.S.Jagan Mohan Reddy Black Money CBI Inquiry



Kadapa M.P. and former chief minister late Y.S.Raja Sekhar Reddy is not only a politician but also an Industrialist. Y.S.Jagan mohan reddy is being faced with the allegations that lakhs of crores of money he has is not a fair one. But most of the times he is out with white collar. Now, Y.S.Jagan is seriously facing the allegation regarding black money. Congress M.L.A and Minister for Andhra pradesh state Shankar Rao filed a petition against Y.S.Jagan in high court. For the same, High court ordered probe in to Y.S.Jagan Mohan Reddy's total properties and also companies he own. Important aspect in this is CBI probing inquiry on the companies who invested in to Jagan Mohan reddy companies. If Y.S.Jagan finds himself guilty in this Black Money Scandal he will be next in the line to be black listed after Raja, Kanimozhi, Yedurappa. Jagan Mohan Reddy runs a media network in the name of "Sakshi" which was started intentionally to fight back his opponent "Eenadu" paper and also ETv in electronic media. Now, Eenadu is also presenting many columns and articles on Y.S.Jagan Mohan Reddy Black Money Scam.Now, it`s time for this Kadapa M.P. to fight back these allegations and prove his truthfulness.


Allegations on Y.S.Jagan Mohan Reddy Black Money



Many say that Jagan Mohan reddy has black money which he portraits as white money.But what is the correct allegation on him? when late Raja Sekhar reddy was in rule, many lands were given to many big shots and the returns from those big shots were not directly accepted by Y.S.R but they are taken in the form of investments in Y.S.Jagan Mohan Reddy`s numerous businesses. Those who got benefited from Dr.Y.S.R were said to invested in Jagan's firms by buying shares in it and the price for each share was abnormally high when compared to the original price of the share. In this way, they say that jagan very tactfully converted the corrupt money into whitr. These are the major allegations that are levied against Y.S.Jagan Mohan Reddy. Now, CBI is probing into the companies which are share holders in Jagan`s firms. It is said that there are about 23 companies which invested in various firms of Jagan mohan reddy.
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