MP Vijayasai Reddy Issued Lookout Circular

A lookout circular has been issued against YSRCP senior leader and MP Vijayasai Reddy. The CID registered a case based on a complaint filed by Karnati Venkateswara Rao (KV Rao) regarding the alleged forced takeover of shares worth ₹3,600 crores from Kakinada Seaports Limited and Kakinada SEZ during the tenure of the previous government.

In connection with this case, lookout circulars have also been issued against Vijayasai Reddy's son-in-law, Sharath Chandra Reddy, and Y.V. Subba Reddy’s son, Vikrant Reddy. The main allegation against the accused is that they coerced KV Rao and transferred the majority of the shares to Aurobindo Group under duress.