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August 10, 2011 / PTI, Hyderabad / DC.
Andhra Pradesh High Court today directed CBI to register a case against all the investors who invested in the companies promoted by former Congress leader Y.S. Jaganmohan Reddy to find out whether those investments were made in order to get favours from the state government.
Based on a petition filed by P. Shankar Rao, state Textile Minister and Yerran Naidu of Telugu Desam Party, the court ordered a full-fledged inquiry into the allegations of investments made into Jagathi media owned by Jagan.
The bench headed by Chief justice Nisar Ahmad Kakru said the phenomenal growth recorded by Jagathi publications owned by Jagan Reddy and others, which were directly under the control of the son of former chief minister Y.S. Rajasekhara Reddy, needs to be looked into in view of their 'abnormal' performance.
01) Kudos to Mr. P. Shankar Rao whose letter with evidences has forced the Andhra Pradesh High Court to take this call on Y.S. Jagan Mohana Reddy, who is widely accused of amassing Thousands of Crores of ill-gotten wealth, during the Six Years regime of his Father late Dr. Y.S. Rajasekhara Reddy!
02) All other Telengana Leaders of all parties simply throw vague allegations of some un-named Andhra-Royalaseema Leaders having amassed wealth at the cost of ordinary masses in Telengana Region, but never, never came out with either names or specific details of how they deprived people of their properties!!
03) To the best of my knowledge, like Terrorists do not have any Religion, Nationality, Colour, etc., the usurpers of National Exchequer, Public Properties or Innocent People also do not have any Party, Region, Religion and all such looters must be brought to book and the ill-gotten money to be returned to the victims or confiscated to be used for public good!!!
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