AMN
Enforcement Directorate has attached assets of over 148 crore rupees in Andhra Pradesh in connection with its money laundering probe in cases related to YSR Congress leader Jagan Mohan Reddy and others. Official sources said, a provisional attachment order under the PMLA law has been issued.
The ED began its probe against the politician and his associates on the basis of a CBI FIR. The FIR stated that since May 2004, Jagan floated number of companies wherein quid pro quo investments have been made by beneficiaries from decisions of the state government in various forms including SEZs , irrigation contracts, permission for real estate ventures and mines.