Jagan looted 4 Lakh Crores of public money !!

In Mangalagiri, TDP state president Achchennaidu accused CM Jagan Mohan Reddy of gaining a lot of money by blocking his father’s power. He said this during a media conference at the TDP central office in Mangalagiri.

He claimed that the family of the late leader YS Rajasekhara Reddy, who used to be poor, earned a huge amount of money, around 5 lakh crores, through wrongful means. Achchennaidu criticized their rise to wealth by exploiting public funds.

“In 2003, YS family declared an income of Rs. 9.19 lakhs in their tax returns. They faced a lack of money during the 2004 elections and were ready to sell their only house at that time. During the election campaign, YSR marched and misled people. After YS came into power in 2004, Jagan supposedly gained a large sum of money. CBI filed 11 cases regarding favoritism. CBI officials confiscated assets worth Rs. 45 thousand crore by presenting 8 charge sheets. Later, Jagan became the Chief Minister and allegedly misused Rs. 4 lakh crores of public funds, becoming one of the wealthiest people in the country” he said.