YSR too attached Satyam assets'

                                                                                   

Chief Minister N. Kiran Kumar Reddy justified the government's action in giving consent to the CBI's move to attach the properties of companies owned by Kadapa MP Y. S. Jaganmohan Reddy.

He said the government's action was no different from the orders issued in the Satyam case when Y.S. Rajasekhara Reddy was Chief Minister. TDP president N. Chandrababu Naidu had taken action on the same lines against Krushi Bank, he said while addressing a meeting of Congress workers at Nagulapadu in Prathipadu Assembly constituency on Saturday.

The Chief Minister said Mr. Jagan was facing inquiries by the CBI because he made his father sign controversial G.O.s by ‘influencing' him to get things done and is now paying the price for his follies. Instead of revealing the sources of investments made in his firms, Mr. Jagan was spreading falsehoods through his newspaper and TV channel, Mr. Kiran Kumar Reddy remarked in response to a cartoon published in Sakshi newspaper which depicted him to be under a table signing the G.O pertaining to attachment of his companies' assets. He sought to know under which table YSR was when he signed the G.O. relating to Satyam.

Mr. Kiran Kumar Reddy said he did not have the habit of signing files from under tables. Mr. Jagan was misleading people by publishing stories which twisted facts. YSR, he remarked, would never utter lies but his son was following in the footsteps of Mr. Naidu who never spoke the truth.

The Chief Minister said by-election was necessitated by the disqualification of M. Sucharita as MLA after she cast her vote in favour of the no-confidence motion moved in the Assembly by TDP, in open defiance of her party's whip. Her action was violative of the Constitution and she was rightly ousted from the party, but she described it as a sacrifice in the interest of farmers and the poor.

PCC president Botcha Satyanarayana said the MLAs loyal to Mr. Jagan had made a mockery of democracy by tendering resignations with selfish motives. The Kadapa MP had become a millionaire overnight when his father was Chief Minister.

He referred to Mr. Jagan's statement questioning why action was not taken against a Congress MP who invested in his companies while some high-profile persons who parked their funds in his firms were put behind bars. The PCC chief said the government would not hesitate to take the MP to task if Mr. Jagan revealed all the facts.

from Hindu