If anybody thinks Jagathi Publications, the media house which brings out Sakshi Telugu daily, belongs to YSR Congress party president Y S Jaganmohan Reddy, he is mistaken.
Jaganmohan Reddy on Monday filed a petition in the special CBI court in Nampally stating that he was no way connected with Jagathi Publications and as such, the Enforcement Directorate’s petition seeking to interrogate him was not maintainable.
“I am not its director nor am I its chairman. So, I do not have any connection with charges framed by the Enforcement Directorate that there was illegal flow of funds into Jagathi Publications through hawala mode,” he said.
The Kadapa MP said since he was not connected with Jagathi Publications, he was not aware of the company transactions. “Moreover, I have been in the jail for the last one month. As such, the Prevention of Money Laundering Act and FEMA are not applicable to me,” he said.
The ED authorities are now gearing up for filing the counter against Jagan’s petition.