The Enforcement Directorate has attached shares and assets worth 884 crore rupees belonging to former BJP minister and mining baron G Janardhan Reddy, under money laundering act. Reddy, who owned Obalapuram Mining company, illegally mined ore from 2007-2010. This is a great set back to Janaradhan Reddy, who is planning to contest election from jail.
Earlier, a court had extended the judicial remand Gali Janardhan Reddy, his brother-in-law B V Srinivas Reddy and another accused Mehfuz Ali Khan in the illegal mining case till December 19.
News On AIR | December 7, 2012 9:48 AM
ED attaches shares & assets of jailed ex-BJP Min Reddy in illegal mining case