Nag meets his Close Friend

Actor Nagarjuna and industrialist Nimmagadda Prasad are close friends and also business partners. Nag used to meet Prasad every day before the latter was put in jail in connection with illegal investments case of YS Jagan Mohan Reddy. Yesterday, Nag met his good pal Prasad in Chanchalguda Jail and spent around half an hour of time. However, Nag did not meet YS Jagan Mohan Reddy.

‘I hadn’t met Prasad in recent times because unfortunately he was kept behind the bars. He is my good friend and there is nothing more special in this meeting,’ said Nagarjuna. As everybody knew Nag is also a share holder in business firm Matrix Enport Private Limited started by Prasad well known to many as Matrix Prasad. As per the CBI charge sheet, Prasad allegedly invested Rs.800 Crores in the companies of YS Jagan in return taking the favor of 15,000 acres of land for VANPIC project.