Y.S Jagan Mohan reddy

NEW DELHI: Congress rebel Y S Jaganmohan Reddy, who was arrested by the CBI on 27-5-2012 sunday after days of questioning in a DA case, is likely to be quizzed this week by the Enforcement Directorate in connection with the probe against him and others in an alleged money laundering and foreign exchange violations case.
The ED, which has registered separate cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) against the Kadapa MP, his associates and some civil servants, is expected to question Reddy in the Andhra Pradesh capital after notices were issued to him recently for questioning.


Sources said, ED will move court to question the YSR Congress chief. Reddy, who has been questioned over the last three days by the CBI, will have to face questions regarding his financial dealings in various business arms run by him and other investments he and his firms allegedly made overseas.


A joint team of ED officials from Delhi and Hyderabad may question Reddy, sources said. 
During the questioning, the ED is likely to record his statement under PMLA laws and also confront him with documents gathered by the agency during their probe till now, they said.

ED has already accessed copies and related documents of the first charge sheet filed by CBI in connection with the alleged disproportionate assets case?it registered against Reddy after it moved the court in this regard. The CBI had filed its first charge sheet against Jagan and 12 others accusing him of getting investments worth several crores from various business firms into his businesses as part of quid-pro-quo when his father (late Y S Rajasekhara Reddy) was the chief minister of Andhra Pradesh. The CBI has filed three charge sheets in the case till now.




Jagan Reddy held discussions with his mother and party's honorary president and MLA, Y S Vijayamma, on the eve of her embarking on a poll campaign.Jagan Reddy never cooperated in the investigation during the three-day questioning period in true sense," the CBI counsel alleged, asking for longer custody.




Jagan Mohan Reddy has been sent to judicial remand till June 11 by a special Central Bureau of Investigation (CBI) court near Hyderabad.Related StoriesIndia test fires Akash missile twiceAkhilesh smiles serenely amid chaotic protests by Mayawati's partyAir India pilots' strike enters day 21, airline losses mount to Rs 300 crore13/7 accused had eye surgery to dodge ATSLieutenant General Tejinder Singh in fresh row over purchase of phone-tapping machines.


Jagan Mohan Reddy's party, the YSR Congress, has called for a three-day bandh in Andhra Pradesh in protest against his arrest last evening by the Central Bureau of Investigation (CBI). The arrest came after three days of interrogation at Hyderabad's Dilkusha Guest House, where Mr Reddy was held overnight.


Jagan Reddy never cooperated in the investigation during the three-day questioning period in true sense," the CBI alleged while asking for longer custody.

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