Jagan Only One from South in ED List of Top Money Launderers

The Enforcement Directorate has complied a list of top money launderers and the shell companies used by them to transact unaccounted money. The Top 10 list accessed by Times of India include two politicians – Jagan Mohan Reddy and Chhagan Bhujbal.

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Jagan, the Opposition Leader in AP Assembly is ranked Seventh in the list for laundering 368 Crore through his Shell Companies while Chhagan Bhujbal, NCP leader and former deputy CM of Maharashtra is accused of laundering 200 Crore.

Jaipur, Jalandhar, Raipur, Hyderabad, Chennai, and Panaji were among the cities where entities engaged in laundering in a big way. The ED tracked about 1000 shell companies recently involved in such activities, some of which were linked to terror funding.

Enforcement Directorate so far provisionally attached properties worth 3587 Crore in these 10 cases and arrested 19 persons. This list compiled by ED and made public by Times of India will need lot of answering by Jagan who is in the middle of a 3000 Kms Padayatra.