Hyderabad:
A team of Enforcement Directorate (ED) officials from New Delhi has arrived in Hyderabad and will approach a local court for questioning YSR Congress chief Y S Jagan Mohan Reddy, who has been arrested by the Central Bureau of Investigation (CBI) in a disproportionate assets case against him.
The team will get in touch with the CBI officials probing the case to present its plea in court for questioning Mr Reddy, ED sources said today.
The ED has registered separate cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) against the Kadapa MP, arrested by the CBI on May 27, his associates and some civil servants, they said.
The Directorate wants to question 40-year-old Reddy, who was sent to a jail in Hyderabad on Monday after being remanded in two weeks of judicial custody by a CBI court, with regard to financial dealings in various firms run by him and other investments he and his companies allegedly made overseas, they said.
The ED team in this regard will comprise officials from Delhi and Hyderabad, the sources said.
The Directorate wants to record his statement under PMLA and also confront him with documents gathered by the agency during its probe till now, they said.
The ED has already accessed documents relating to the first chargesheet filed by the CBI in connection with the disproportionate assets case registered against Mr Reddy, the sources said.
The CBI's first chargesheet in the case was against Mr Reddy and 12 others and had accused 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 chargesheets in the case till now.
The team will get in touch with the CBI officials probing the case to present its plea in court for questioning Mr Reddy, ED sources said today.
The ED has registered separate cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) against the Kadapa MP, arrested by the CBI on May 27, his associates and some civil servants, they said.
The Directorate wants to question 40-year-old Reddy, who was sent to a jail in Hyderabad on Monday after being remanded in two weeks of judicial custody by a CBI court, with regard to financial dealings in various firms run by him and other investments he and his companies allegedly made overseas, they said.
The ED team in this regard will comprise officials from Delhi and Hyderabad, the sources said.
The Directorate wants to record his statement under PMLA and also confront him with documents gathered by the agency during its probe till now, they said.
The ED has already accessed documents relating to the first chargesheet filed by the CBI in connection with the disproportionate assets case registered against Mr Reddy, the sources said.
The CBI's first chargesheet in the case was against Mr Reddy and 12 others and had accused 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 chargesheets in the case till now.
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