Connect with us


TDP Demands CBI Probe Into Jaganmohan Reddy’s Assets



Andhra Pradesh’s opposition Telugu Desam Party (TDP) on Tuesday demanded a Central Bureau of Investigation (CBI) probe into the assets of Congress MP YS Jaganmohan Reddy.

TDP Demands CBI Probe Into Jaganmohan Reddy's Assets

TDP leader and former finance minister Y. Ramakrishnudu said the payment of Rs.84 crore as advance tax by former chief minister Y.S. Rajasekhara Reddy’s son in the first six months of the current financial year had vindicated their allegations that he had illegally amassed the wealth.

The TDP leader claimed that Rs.84-crore advance tax was a 1,100 percent jump over what Jagan had paid during the same period last year. “Even the world’s richest person, Bill Gates’ income has not grown by 1,100 percent. Mr Jaganmohan Reddy should clarify how he got this wealth,” said Ramakrishnudu.

The advance tax reportedly paid by Jaganmohan Reddy, the MP from Kadapa, indicates his annual income to be above Rs.500 crore. He had paid Rs.2.92 lakh tax for 2008-09, and Rs.6.72 crore for 2009-10.

TDP chief and former Chief Minister N. Chandrababu Naidu alleged that Rajasekhara Reddy’s family looted public assets and turned them into “family assets”.

YSR, as Rajasekhara Reddy was popularly known, died in a helicopter crash in September last year.

“YSR had made amassing wealth as his principle during his rule. The corruption which took place during his rule was never seen anywhere in the world,” said Naidu, adding Jaganmohan Reddy owed an explanation to people as to how he made so much money.

Jaganmohan Reddy’s rivals within the ruling Congress party also questioned him as to how he amassed the wealth. Senior leader P. Goverdhan Reddy said Jagan should make public his sources of income.

He demanded that the income tax department should take a serious note of Jagan’s assets and the central government should order a comprehensive probe.

Goverdhan Reddy said Jagan’s defiance of the party was due to his wealth running into thousands of crores of rupees.

The young MP, who has interests in mining and power generation in several states, is currently visiting Prakasam district – in defiance of the party’s central leadership – to console families of those who died of shock following his father’s death.


Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


Pakistani Anti-graft body wants travel ban on Nawaz Sharif, kin



Nawaz sharif

Pakistan’s anti-corruption watchdog has asked authorities to place ousted premier Nawaz Sharif, his daughter and son-in-law on the Exit Control List to prevent them from leaving the country.

The National Accountability Bureau (NAB) sent a formal request to the ministry of interior. The interior ministry officials confirmed that the NAB wrote that names of Sharif, his daughter Maryam Nawaz and son-in-law Capt (retd) Muhammad Safdar should be put on the Exit Control List (ECL), which listed individuals not allowed to leave Pakistan.

The NAB argued that as the trial of the three nears its conclusion, it is feared that they would leave the country.

Earlier, a similar request to place name of finance minister Ishaq Dar on ECL was not accepted, allowing him to go to London and never return.

Sharif, 68, and his family this week filed an application with the accountability court seeking a fortnight’s exemption from personal appearance from February 19 onwards to let them go to London to see Sharif’s ailing wife. Three cases were filed against Sharif and his family last year, including Avenfield properties, Azizia & Hill Metal Establishment, and Flagship Investments.

Maryam and Safdar are accused only in Avenfield properties case. The NAB had filed two supplementary references against Sharif, his sons Hasan and Hussain regarding Al-Azizia Steel Mills & Hill Metal Establishment and Flagship Investment cases.

Continue Reading


Pakistan “breaches obligations’ on nuclear arms reduction, UN court told




The Hague: Pakistan is violating its “obligations” to the international community by failing to reduce its nuclear arsenal, the Marshall Islands told the UN’s highest court on Tuesday.

The small Pacific Island nation is this week launching three unusual cases against India, Pakistan and Britain before the International Court of Justice.

Majuro wants to put a new spotlight on the global nuclear threat, its lawyers said yesterday, by using its own experience with massive US-led nuclear tests in the 1940s and 1950s.

“Pakistan is in breach of its obligations owed to the international community as a whole,” when it comes to reducing its nuclear stockpile, said Nicholas Grief, one of the island nation’s lawyers.

Islamabad and its nuclear-armed neighbour India “continue to engage in a quantitative build-up and a qualitative improvement” of their atomic stockpiles, added Tony deBrum, a Marshallese government minister.

DeBrum warned that even a “limited nuclear war” involving the two countries would “threaten the existence” of his island nation people.

Pakistan and India have fought three wars since independence from Britain in 1947, two of them over the disputed Himalayan territory of Kashmir.

In 1998, the rival neighbours both demonstrated nuclear weapons capability.

The ICJ’s judges are holding hearings for the next week and a half to decide whether it is competent to hear the lawsuits brought against India and Pakistan — neither of which have signed the 1968 nuclear Non-Proliferation Treaty (NPT).

A third hearing against Britain — which has signed the NPT — scheduled to start on Wednesday will be devoted to “preliminary objections” raised by London.

The Marshalls initially sought to bring a case against nine countries it said possessed nuclear arms: Britain, China, France, India, Israel, North Korea, Pakistan, Russia and the United States.
Israel has never admitted to having nuclear weapons.

But the Hague-based ICJ, set up in 1945 to rule in disputes between states, has only admitted three cases against Britain, India and Pakistan, because they have accepted the ICJ’s compulsory jurisdiction.

Pakistan’s lawyers did not attend Tuesday’s hearings.

It did however file a counter-claim against Majuro’s allegations saying “the court has no jurisdiction to deal with the application” and insisting that the case is “not admissible”, said ICJ President Ronny Abraham.

Continue Reading


Bangladesh to drop Islam as official religion following attacks on Hindus



Bangladesh to drop Islam as official religion following attacks on Hindus

New Delhi: Bangladesh is likely to drop Islam as its official religion following a series of attacks on people from other faiths in the country. The country’s Supreme Court is hearing a plea challenging the status of the official religion of the country to Islam.

Bangladesh, which was declared a secular country after its formation in 1971, was declared an Islamic country following a constitutional amendment in 1988.

According to a report in the Daily Mail, the plea has challenged the declaration of Islam as the national religion of the country.

The move is being supported by leaders from the minority communities like Hindus, Christians and Muslim minority Shiites.

Bangladesh has 90 per cent of Muslims, 8 per cent Hindus and remaining constitutes Christians and Muslim minority Shiites.

In last month, a Hindu priest was hacked to death following an attack on a temple in Panchgarh district. Two others were seriously injured in the attack. There have been several lethal attacks on writers and bloggers.

According to a report in the Independent, Islamist groups Jumatul Mujahedeen Bangladesh and Ansarullah Bangla Team are believed to have carried out at least seven attacks on foreign and minority people in Bangladesh in the past year.




Continue Reading

Follow us on Twitter


Skip to toolbar