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`ED attachment orders show Congress-TDP nexus`

Last Updated: Friday, October 5, 2012 - 10:51

Hyderabad: YSR Congress Party`s YS Vijayamma on Thursday night alleged that the Congress-TDP nexus has come to the fore with the Enforcement Directorate issuing orders attaching the assets of Sakshi media house.

The move came on the eve of YSR Congress Party chief YS Jagan Mohan Reddy`s bail petition coming up for hearing in the Supreme Court, she said.

"The ED order says that the two companies have benefited to a tune of Rs 22 crore and have invested Rs 29 crore in the YS Jagan Mohan Reddy`s company. How someone can invest more than what they have benefited is beyond reasonable comprehension?" Vijayamma, along with her daughter Sharmila, asked.

The amount invested by the two companies in Sakshi is in the form of shares like many others who have invested and there could be nothing illegal about it, she said.

"The nexus between the two parties (Congress and TDP) has come into the open and it has shown the shallowness of their political agenda and the level to which they can stoop to thwart the growth of YS Jagan Mohan Reddy and YSRCP. But we are confident that such mind games will not influence the judiciary and YS Jagan Mohan Reddy will come out unscathed and lead the party," she said.

The ED on Thursday issued attachment orders on properties worth Rs 51 crore in its money laundering probe against Jagan Mohan Reddy and his associates.


First Published: Friday, October 5, 2012 - 10:51
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