ED attaches Jagan assets in laundering case

  • HT Correspondent, Hindustan Times, New Delhi
  • |
  • Updated: Jan 09, 2013 01:20 IST

The enforcement directorate (ED) has attached YSR Congress party chief Jagan Mohan Reddy’s assets worth Rs. 143.74 crore, terming them as ‘proceeds of crime’.

Sources said the move, a provisional attachment order issued under the Prevention of Money Laundering Act, was in connection with the ED’s ongoing probe in a  money laundering case against Reddy.

Earlier, the ED issued two attachment orders worth Rs. 51 crore and Rs. 71 crore in the case. The agency is planning to issue a few more attachment orders in the case.

The agency is probing the case on the basis of the FIR filed by CBI to investigate alleged disproportionate assets amassed by Reddy.

 

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