Minister for Endowments C. Ramachandraiah has asserted
that the CBI's action against YSR Congress Party president Y.S.
Jaganmohan Reddy's media units should not be seen as an assault on the
freedom of press but as a ‘legitimate action' by the investigating
agency only against the managements of the media units which, he
alleged, had indulged in serious offence of ‘money laundering'.
“You
have invested all your ill-gotten money in your media units but if the
CBI launches action against the units as required under the law of the
land you cry hoarse that it is an attack on the ‘freedom of the press'.
How is it fair,” asked the Minister in his sharp poser to the Kadapa
MP's charge that the CBI freezing the bank accounts of his media units
was nothing short of a blatant attack on the freedom of the press and as
an attack carried out at the behest of its (CBI's) political bosses to
settle their political scores with him.
The Minister
even went on to say that there were specific government rules which
prohibited setting up of industrial units with the wealth obtained
through illegitimate and illegal means. The rules also clearly said that
units so started would be liable to have their licences cancelled, he
asserted.
He also sought to brush aside as totally
unfounded Mr. Jaganmohan Reddy and his coterie's allegation that they
were seeing the government's ‘hidden hand' behind the CBI's action.
There was absolutely no government interference with the CBI investigation, he said.
From HINDU
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