The noose around YSR Congress Party president Y.S. Jaganmohan Reddy tightened further on Tuesday when the Enforcement Directorate, which comes under the Union Ministry of Finance, registered cases against him and other accused in the disproportionate assets case under the Prevention of Money Laundering Act.
The ED registered Enforcement Case Information Report based on the FIR already filed by the CBI, naming Mr. Reddy as the prime accused. It is understood that all the 74 named as accused by the CBI already figure in the ED's case. The agency also registered a similar case in connection with the Emaar-APIIC land deal, also based on the FIR of CBI. It has named former Managing Director of Andhra Pradesh Industrial Infrastructure Corporation (APIIC) B. P. Acharya as the main accused.
Official sources said the ED would now begin investigations in both the cases.