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Jagan assets worth Rs. 7.85 crore attached by ED - ABN

Thu, Aug 13, 2015, 05:32 PM
Enforcement Department, in a fresh move on Jagan misappropriation of assets, served notices on properties worth Rs. 7.85 crores belonging to him. Among these are Penna Cements and Pioneer Hodiday Resorts. Also, the ED attached a hotel in Anantapur and a house in Banjara Hills. Penna Cements and Pioneer Resorts were profitable during the YS Rajasekhar Reddy regime, because of illegal permissions.
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