A Telugu daily, owned by Jagan, carried a detailed account of the dispute between him and his sister and alleged that she had become a part of the conspiracy hatched by Naidu to create legal troubles for him.
A statement from Jagan’s office said he was forced to move the National Company Law Tribunal (NCLT) alleging that Sharmila and his mother YS Vijayamma, who acted as conduit for his sister, had illegally and deceitfully transferred shares of Saraswati Power and Industries Private Limited in their names.