The Central Bureau of Investigation (CBI), probing the illegal assets case against Kadapa MP Y.S. Jaganmohan Reddy and others, on Tuesday told a special court that it had no objection in sharing a copy of the first charge sheet filed in the case and the reports of examination of witnesses by it with the Directorate of Enforcement (ED).
The ED is seeking to investigate against the accused under the Prevention of Money Laundering Act.
Under
the Act, it can also confiscate the moveable and immoveable properties
derived from or involved in money laundering and connected matters.
No reservations
When
asked by the judge whether CBI had any objections in giving a copy of
the first charge sheet and other documents requested for by the ED, the
CBI counsel told the court that the investigating agency had no
reservations in giving them.
Details of funds
After
getting a copy of the charge sheet, the ED is likely to identify the
properties owned by the accused in different parts of the country. The
details of funds received by the accused and their business interests
from foreign countries could be revealed in the ED investigation. The
judge reserved his order on the ED plea for Wednesday.
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