Court to decide on Jagan's plea for defreezing accounts
Court to decide on Jagan's plea for defreezing accounts
Jaganmohan Reddy's three companies, including Sakshi TV, had moved court seeking defreezing of their accounts.

Hyderabad: A Central Bureau of Investigation (CBI) court is expected to give its order on YSR Congress chief Jagan Reddy's plea. Jaganmohan Reddy's three companies, including Sakshi TV, had moved court last week seeking defreezing of their accounts to carry out day-to-day business even as the agency's move drew flak from journalists.

In three separate petitions filed in the special CBI court in Hyderabad, representatives of Indira Television Ltd, which runs Telugu news channel Sakshi TV, Jagati Publications Ltd, publisher of 'Sakshi' Telugu newspaper and Janani Infrastructure Pvt Ltd alleged that the the action by CBI was aimed at muzzling the voice of print and electronic media and to cause political advantage to the rivals of Jagan.

The CBI, investigating into alleged disproportionate assets of the YSR Congress chief, has filed three chargesheets in the case and on Wednesday approached banks for freezing the accounts of the three companies, including the two media entities.

Following the development, amounts to tune of Rs 2.85 crore in current accounts maintained by the firms in different banks here besides fixed deposit of Rs 103 crore stood frozen.

In the thick of campaigning for June 12 by-elections, the Jagan issue has generated a lot of heat in the political circles in Andhra Pradesh with the ruling Congress seeking to wash its hands off.

Andhra Pradesh Chief Minister N Kiran Kumar Reddy said neither the Congress nor the state government have any connection with the CBI inquiry against Jaganmohan.

(With additional information from PTI)

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