ED seeks court’s nod to record Jagan statement
The Enforcement Directorate on Friday moved the special court for CBI cases seeking permission to record Kadapa MP Jagan Mohan Reddy’s statement in his illegal assets case.
The ED wants to record his statement in the capacity of the former director and chairman of M/s Jagathi Publications. The company was named as accused No 12 in the first chargesheet filed by the CBI in the case.
In its petition filed before the court, the ED stated that it was the only competent authority to investigate matters under the Prevention of Money Laundering Act and Foreign Exchange Management Act (FEMA).
The Directorate mentioned in the petition that an ECIR had been registered after preliminary enquiry and examination of the chargesheet filed by the CBI.
“The accused contravened the provision of PMLA which requires investigation in accordance with the provisions of the Act and the rules framed thereunder,” the petition stated.
It said that cases were filed under Section 120-B, read with 420, 409, 468 and 471 of IPC and sections of the Prevention of Corruption Act.
“Some of the offences under Section 120-B of IPC and Section 13 of PC Act are scheduled offences under the PMLA and as such the ED is empowered to investigate,” the petition stated.
Since the accused (Mr Jagan Mohan Reddy) is in judicial custody and is not accessible to ED officials to record statements and to investigate under Section 50 of the PMLA, the ED sought the court’s permission.
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