Unready For A Look
- The FIR filed by the CBI seeks to establish that at least 74 firms, persons invested huge amounts in Jaganmohan Reddy’s companies in return for favours doled out Y.S. Rajasekhara Reddy when he was CM
- An upset Jagan got 29 MLAs to resign in protest
- With no political support, Jagan is reaching out to the BJP
- If Jagan is arrested, his mother will run the YSR Congress
Preening and defiant after his handsome victory in the Kadapa Lok Sabha bypoll in May this year, YSR Congress party chief Y.S. Jaganmohan Reddy seemed rather unstoppable, and a threat to the Congress. But as the CBI closes in on him after the Andhra Pradesh High Court ordered it to probe Jagan’s sudden increase in wealth, it looks like the rebel has painted himself into a corner.
The CBI raids on Jagan’s companies and investors last fortnight have been fast and smooth. Jagan’s defence—that all the...