Enforcement Directorate has issued summons to Jagan Mohan Reddy

Thursday, 10 November 2011 16:50

Written by Nayanika

0 Comments

Enforcement Directorate has issued summons to Jagan Mohan Reddy

Widening its probe into the finances of YSR Congress chief Y.S. Jaganmohan Reddy, the Enforcement Directorate has issued summons to him in connection with the money laundering case against the MP.

The Enforcement Directorate has asked Jagan, son of former A P Chief Minister Y S Rajasekhara Reddy, to send an authorised person who has his power of attorney to submit documents and answer questions on his behalf at its headquarters in Delhi on or before November 28.

The Enforcement Directorate has registered a case under the provisions of Prevention of Money Laundering Act (PMLA) against him and is also probing alleged contravention of foreign exchange rules in his financial transactions and investments, sources said.

The Enforcement Directorate action comes days after the CBI had searched various premises belonging to him. The CBI, which has also registered a case against him, had called him recently for questioning in connection with the alleged multi-crore iron ore mining scam.

 The agency is said to be probing alleged nexus between Jaganmohan and former Karnataka minister Gali Janardhana Reddy who owns Obulapuram Mining Company. The case was registered after Enforcement Directorate conducted a probe to trail the funds pumped by the Kadapa MP and his associates into the companies owned by them.