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Hyderabad: Enforcement Directorate has registered a money laundering case against former Congress leader YS Jaganmohan Reddy, days after CBI had searched various premises belonging to him.
The case was registered after ED conducted a probe to trail the funds pumped by the MP and son of former Andhra Pradesh chief minister YS Rajasekhara Reddy and his associates into the companies owned by them.
The agency, according to sources, is expected to speed up the probe in this case and register separate cases under foreign currency exchange laws, making the CBI charge sheet in this case as the basis for its action.
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