Central Bureau of Investigation (CBI) has yesterday told the Nampally special court on YS Jaganmohan Reddy’s illegal accumulation of wealth has incurred a loss of more than Rs.12, 000 Crores to the public exchequer. One instance which was quoted by CBI comparing Jagan with Ambanis, Tatas and Birlas has really come like a shocker keeping many of the enthusiastic public to start guessing on his total property value. The statement made by CBI is that Jagan has grown rich faster than Ambanis, Tatas and Birlas.
As per the affidavit filed during election to Parliament, Jagan has shown the movable assets of worth Rs.365.68 Crores while his wife Bharati Reddy has Rs.41.33 Crores. But, CBI Counsel defends saying Jagan has enriched himself by thousands of crores depriving the poor. If all the allegations are proved by CBI in following days of investigation, Jagan would top the list of white collar crimes happened in India. For the moment, it might be a tough task even for CBI to assess the total property value of Jagan which surely runs in lakhs of crores.