DA case: CBI to attach Jagan's properties

New Delhi: There is more trouble for Jaganmohan Reddy in the disproportionate assets case as the Andhra Pradesh government has given permission to the CBI to attach the properties of Reddy-owned Jagati publications. The Andhra home minister has also been questioned in relation with the case.

Jagan Reddy's camp says he is being targeted because of next month's by-elections in the state. The state government issued three separate orders on Friday evening giving permission to CBI to attach the properties of Jagati Publications, Indira Television and Janani Infrastructure Company promoted and owned by Jagan.

The attachment process, however, will take six months to be completed as CBI has to first identify the properties and then file a detailed petition in the special court, informed

Jagan Reddy\'s camp says he is being targeted because of next month\'s by-elections in the state.

sources said.

The state government, in response to a plea by CBI a few days ago, obtained legal opinion before granting the permission for attachment of Jagan's properties, the sources added. An administrator would be appointed to oversee the properties (to be attached) and prevent any type of transactions of them, the sources said.

CBI established that over Rs 1170 crore came into Jagati through various sources, ostensibly as quid pro quo deals. The agency had already frozen three bank accounts of Jagati, Indira Television and Janani Infra as part of the investigations in the case.

Jagati publishes Sakshi Telugu daily while Indira Television runs Sakshi news channel.

The state government also permitted CBI to attach properties of industrialist Koneru Prasad and Jagan's close aide Sunil Reddy in the Emaar Properties scam. Both Prasad and Sunil have been arrested in the Emaar case and are currently in jail.

The Emaar case relates to scaling down of the state government's share in the joint venture, thereby resulting in alleged monetary loss to the public exchequer.

Senior IAS officer BP Acharya, the prime accused in the case, is also in jail.

With additional information from PTI

(For updates you can share with your friends, follow IBNLive on Facebook, Twitter, Google+ and Pinterest)