In Andhra Pradesh, Jagathi Group of Publications belonging to Kadapa Lok Sabha Member Jaganmohan Reddy, has filed a petition in a CBI court in Hyderabad today challenging the CBI directions to freeze its bank accounts. The CBI has frozen three bank accounts of the companies of Jaganmohan Reddy yesterday in connection with the disproportionate assets case against him. The publication in its petition sought immediate release of bank accounts as the issue is affecting thousands of employees of a Telugu Newspaper and a TV news channel. The CBI court has directed the CBI to file a counter on this issue and posted further hearing for tomorrow. Meanwhile, freezing of bank accounts especially of media groups by the CBI has evoked mixed response from the political and other sections in the state.
News On AIR | May 9, 2012 2:11 PM
Jagathi Group of Publications challenges accounts freeze