ED cracks whip on Jagan

October 04, 2012 19:11
ED cracks whip on Jagan

A day before Supreme Court is going to decide on the bail petition of the prime accused in illegal assets case, Jaganmohan Reddy, the Enforcement Directorate has cracked its whip on him. It has attached the list of properties in this case, which were worth 51 crore rupees.

The following are the details of the attachments. The 35 acres of land of Hetero Drugs, three crore rupees fixed deposit, 13 acres land of Janani Infrastructures, 14.5 crore rupees fixed deposits of Jagati Publications. The ED has mentioned that all these things come under money laundering case.  It has also mentioned that these companies got benefits from the state government through unfair means. Hetero Drugs and Arabindo Pharma were benefitted by eight crore and sixty lakh rupees each as government then allotted 75 acres of land to these companies, added Enforcement Directorate.

(AW Phani)

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