The Enforcement Directorate has announced provisional attachment of movable and immovable properties worth Rs.51 crore for violation of provisions of Prevention of Money Laundering Act case against Kadapa MP Y.S. Jaganmohan Reddy which is being investigated by the CBI. The properties were acquired out of proceeds of crime by companies that benefited from concessions by the State government for investments in the businesses of Jagan.

More In: NEW DELHI | NATIONAL