TOP Money Launderer ‘YS Jagan Reddy’ Has Become Chief Minister of Andhra Pradesh

YS Jagan Mohan Reddy who’s been charged with 31 criminal cases has won 151 of 175 Assembly seats and 22 of 25 Lok Sabha seats in the 2019 Andhra Pradesh elections.

TOP Money Launderer ‘YS Jagan Reddy’ Has Become Chief Minister of Andhra Pradesh  TOP Money Launderer ‘YS Jagan Reddy’ Has Become Chief Minister of Andhra Pradesh jagan reddy e1558699106851
TOP Money Launderer ‘YS Jagan Reddy’ Has Become Chief Minister of Andhra Pradesh

YS Jagan Mohan Reddy led YSR Congress party has won 151 of 175 Assembly seats and 22 of 25 Lok Sabha seats in the 2019 Andhra Pradesh elections.

Who’s YS Jagan Reddy?

Yeduguri Sandinti Jaganmohan Reddy is the founder and leader of YSR Congress Party and he is the son of the former Chief Minister of Andhra Pradesh, Y. S. Rajasekhara Reddy.

Mr. Reddy was arrested by the Central Bureau of Investigation (CBI) on embezzlement charges and his Judicial custody was extended repeatedly as the investigation proceeded.

YS Jagan Reddy has been charged with 31 criminal cases.

According to Mr. Reddy’s declaration in the Affidavit submitted to election commission during his nomination in March, he has been charged with 31 criminal cases.

in the affidavit under the column ‘pending criminal cases’ declared that 31 criminal cases were pending against YS Jagan Reddy with the Central Bureau of Investigation (CBI), Directorate of Enforcement (ED) and different police stations in Andhra Pradesh and Telangana.

In the 11 CBI cases, Mr. Reddy has been charged with cheating, criminal conspiracy, forgery, dishonesty, accepting bribe, inducing delivery of property, criminal misconduct, criminal breach of trust, prevention of Corruption and few more crimes.

In 7 ED cases, former Andhra Pradesh chief minister YS Rajasekhar Reddy’s son Mr Jagan has been charged with Money Laundering.

According to The Times of India, the Enforcement Directorate had drawn up a list of top money launderers and Jagan Reddy was one of them.  

TOP Money Launderer ‘YS Jagan Reddy’ Has Become Chief Minister of Andhra Pradesh  TOP Money Launderer ‘YS Jagan Reddy’ Has Become Chief Minister of Andhra Pradesh corruption1
Image Source: The Times of India

 

Mr. Reddy was in the top money launders list because he was accused by the agency of laundering several hundred crores of rupees through 31 shell companies linked to him and his associated.  

In 13 cases booked in Andhra Pradesh as well as Telangana police stations, Mr. Jagan has been charged with more than 20 different forms of offences recorded in the Indian Penal Code (IPC).

In police station of Pulivendula, several cases have been booked under 16 different sections of the Indian Penal Code and other criminal acts.

Different cases have also been booked against YS Jagan Reddy for rioting armed with deadly weapons, criminal intimidation, mischief causing damage to public property, and several other crimes.

Mr. Reddy was arrested by the CBI on illegal assets charges and his Judicial custody was extended repeatedly as the investigation proceeded.

The Supreme Court also dismissed his petition on 4 July 2012, 9 August 2012, and on 13 May 2013.

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