Jagan chuttu ucchu bigusukundane antunnaru andaru! Jailu tappadani kooda antunnaru! It is alleged that Jagan Mohan Reddy has amassed huge illegal wealth in the name of 'Business' during the tenure of his father late YS Rajasekhar Reddy as the chief minister. Minister Shankar Rao and two others have filed a PIL in the High Court against Jagan alleging large scale corruption. On a directive of the court, the CBI registered a case and has started conducting raids on Jagan and his alleged associates' companies.
During its probe, the CBI dug out the truth that Jagan along with several associate companies have robbed the State to the tune of thousands of crores of rupees. In this process, the CBI registered a case under sections 13D, 13E, 120B, 409, 420, 477A and are tightening their noose. All these sections are non-bailable. Significantly, under sections 13D and 13E, if anybody who is in power and if he amasses wealth disproportionate to his known sources of income and fails to show relevant accounts, he is liable to be prosecuted and none of these sections are bailable.
According to political observers, the Congress high command seems to be bent upon putting an end to Jagan's much glorified political career. Definitely the CBI raids being conducted on the offices of YS Jagan Mohan Reddy will dent his image and demoralise his party. As in the case of Satyam Ramalinga Raju, who didn't get bail so far, Jagan too may face the same situation and won't be in a position to bounce back.
During its probe, the CBI dug out the truth that Jagan along with several associate companies have robbed the State to the tune of thousands of crores of rupees. In this process, the CBI registered a case under sections 13D, 13E, 120B, 409, 420, 477A and are tightening their noose. All these sections are non-bailable. Significantly, under sections 13D and 13E, if anybody who is in power and if he amasses wealth disproportionate to his known sources of income and fails to show relevant accounts, he is liable to be prosecuted and none of these sections are bailable.
According to political observers, the Congress high command seems to be bent upon putting an end to Jagan's much glorified political career. Definitely the CBI raids being conducted on the offices of YS Jagan Mohan Reddy will dent his image and demoralise his party. As in the case of Satyam Ramalinga Raju, who didn't get bail so far, Jagan too may face the same situation and won't be in a position to bounce back.
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