Corruption cases come back to haunt Jagan!

Enforcement Directorate (ED) had filed the second chargesheet in relation to Jagan’s illegal assets case. This chargesheet is in relation to the quid-pro-quo deals between Jagan companies and Aurobindho – Hetero.

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Jagan, Vijaya Sai Reddy, Jagathi Publications, Janani Infra, Aurobindo Chairman PV Ram Prasad Reddy, MD Nityananda Reddy, Trident former MD Sharath Chandra Reddy, Nityananda Reddy’s brother Prasad Reddy, Nityananda Reddy’s wife Rajeshwari, Hetero director Srinivas Reddy, Hetero drugs, Hetero Labs, Hetero Health Care, Aurobindo Pharma, APL Health, Trident Life Sciences, IAS BP Acharya, Retired GM YVL Prasad, Aurobindo former CS Chandramohan were named in this chargesheet.

ED alleged all of them have resorted to money laundering. ED also stated that they have investigated in to the issue basing on CBI chargesheet. Aurobindo and Hetero invested 29.5 Crore in Jagan companies for which the then YS Rajasekhar Reddy government allotted 75 acres land to the companies.