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HC Relief to Jagan: Sakshi Accounts Not to be Frozen

HC Relief to Jagan: Sakshi Accounts Not to be Frozen

posted on May 23, 2012 @ 1:22PM

In a major relief to Kadapa MP and YSRCP president YS Jagan Mohan Reddy, the High Court has ruled that the accounts of Sakshi Media can not be frozen. Jagan Mohan reddy's Sakshi Media owns a TV Channel and Newspaper of the same name in Andhra Pradesh.

However, the court said that Jagan Mohan Reddy cannot sell any assets owned by Sakshi during the investigation that's being conducted by the CBI into his business empire. It also said that all payments for the media empire must be made by cheque.

YS Jagan Mohan Reddy is the son of former chief minister late YS Rajasekhar Reddy and the Central Bureau of Investigation (CBI) is conducting investigation in to his disproportionate assets following HC order since last year. The CBI alleges that while YSR was in office, he influenced entrepreneurs to invest in his son's companies; in return, they were granted licenses and other permissions required for their businesses. Earlier the CBI said that the accounts of his businesses would remain frozen pending the investigation.
 

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Key Suspect In Kanpur Rail Accident Arrested

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అమ్మపై జగన్ అభిప్రాయం..

సామాన్యుడైనా..ప్రముఖుడైనా ఎవరికైనా అమ్మ అమ్మే. మదర్స్ డే సందర్భంగా ప్రపంచ వ్యాప్తంగా అన్ని ప్రాంతాల్లో ప్రతి ఒక్కరూ అమ్మకు పాదాభివందనం చేస్తున్నారు. ఈ నేపథ్యంలో వైఎస్సార్ కాంగ్రెస్ పార్టీ అధినేత, ఏపీ ప్రతిపక్షనేత వైఎస్ జగన్ మాతృదినోత్సవం సందర్భంగా అమ్మలందరికి శుభాకాంక్షలు తెలిపారు. "దేవుడు అన్ని చోట్లా ఉండలేడు కాబట్టే, ఆయన అమ్మను సృష్టించాడు'' అంటూ ట్వీట్ చేశారు. 

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Hurricane Sandy Photos: Millions of people are without power in the U.S. northeast as the powerful post tropical storm Sandy pummels the region with hurricane force winds, rain, and a dangerous storm surge that has caused flooding in many coastal areas including parts of New York City.