On Monday, the YSR congress party president and MP Jaganmohan Reddy stated that he would challenge the Andhra Pradesh High Court order that asked the CBI to probe his wealth, allegedly asynchronous with his income sources. It has been reported that the assets were acquired mostly when his father, Y.S. Rajasekhar Reddy, (YSR), a Congressman, was Chief Minister from 2004 to 2009, before he died in a chopper crash. The occasion of Independence Day was used by Jaganmohan to slam the Congress leadership for betraying his father and denied that he had ever misused the office of his father. Jaganmohan said, I am helpless, alone and young. And today I am being targeted for resigning from the party (Congress). I was shown I-T notice after I formed my own party. The charge that the companies that invested in his firms did so because his father favored them was denied by Jaganmohan.
He charged the congress with using the income tax department and enforcement directorate to persecute him.
It was asserted by him, It is all because they don't want a man who has left the congress to come back to power in the State. It was alleged by Jagan that his father's reputation was being tarnished. He asked, This is what you do to a man who served you for 30 years? Again, it was added by him that it was because of his father that the Congress could win power in Andhra Pradesh in 2004 and 2009.
In the meantime, P. Shankar Rao, the handloom and the Textiles Minister, on whose petition the High Court ordered the probe into Jaganmohan's wealth, alleged that his assets had gone to Rs. 43,000 crore from Rs.11 lakh in seven years.
News report By, SM
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