Should we call it the clever cunningness of an young man to pull the unknown modus operandi to usurp funds, or should we call our ignorance for the late awakening.

If democracy is the roof with people foundation, and if these people go by their senses worshipping a person, who as per government is accused of many illegal activities, then who will win, the government or the mass follower. This has been a question on any logical thinker’s mind across the state. The CBI on Tuesday alleged that the investments in the companies based in Luxembourg and British Virgin Islands were used for money laundering by the late Chief Minister Y S Rajasekhar Reddy and his son Y S Jagan Mohan Reddy.

As per the report the money was laundered and pumped back into the firms closely held by the YSR family. The CBI is all set to probe Asia Infrastructure Sicar of Luxembourg and Whitehall Associates A.A of British Virgin Islands, in these angles. Also the investigating agency wants to look into the transactions of Mauritius-based companies — 2i Capital and Pluri Emerging Company, in aiding the laundering. CBI also feels that Mr. Vijay Sai Reddy, top associate of Mr. Jagan, as an auditor, has been instrumental in the proceedings. Hence the CBI requested Mr. Vijay’s remand for interrogation, who is right now in police remand.

Luxembourg — a tiny country of about 5 lakh population in Western Europe situated between Belgium, Germany, and France — has a reputation as a tax haven due to its banking secrecy laws. It is on the “grey list” of nations with questionable banking arrangements by the G20.

With the arrest of Mr. Vijay Sai Reddy, there are speculations that the king pin in the whole issues, Mr. Jagan Mohan Reddy could also be arrested, in a short while from now. But the CBI proposes to investigate him in the Gali and Emaar cases further to do the needful. Also in the meantime if Mr. Vijay Sai spills the beans, which is unlikely, then the case against the king pin might become stronger.