Enforcement Directorate recently questioned YS Jagan Mohan Reddy over various corruption cases pending against him. It is emerging that Jagan had tried to shift his blame on to his personal auditor, Vijaya Sai Reddy. Jagan reportedly told that he does not know much about the investors in his companies, only Vijaya Sai looks after them. He also told them that he does not know much about Potluri Vara Prasad personally.
However ED managed to get some clear answers regarding Nimmagadda Prasad. Jagan admitted that Nimmagadda invested 450 Crore in Sakshi and so was made as one of the directors in the board. He also told that Nimmagadda invested 300 Crore in his Bharathi Cements and got 600 Crore as returns.
Vijaya Sai Reddy is the personal auditor to Jagan’s family since YSR days. He was also sent behind the bars along with Jagan over these cases. Later after the elections, he is made the Chief Secretary of YSR Congress Party. It is rumoured that he will be nominated to Rajya Sabha too from YSRCP.
