The Central agency has registered separate cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) against the YSR Congress chief, who has been arrested in a disproportionate assets case. Jagan is in judicial custody till June 25.
In its application to the court, ED said Jagan (lodged in jail here) is not accessible to its officers for recording his statement in the matter related to PMLA.
ED, which has got access to the three CBI chargesheets filed against Jagan and others in the DA case, submitted in the court that on the basis of preliminary inquiry and examination of the relevant documents, it appears the accused (Jagan) contravened provisions of PMLA.
The agency wants to record the statement of the 39- year-old Lok Sabha MP with regard to financial dealings in various companies run by him and other investments he and his firms allegedly made overseas.
In the assets case, Jagan, arrested late last month, has been accused of getting investments worth several crores from various corporate entities into his businesses as part of quid-pro-quo when his father (late Y S Rajasekhara Reddy) was the Chief Minister (2004-2009) of Andhra Pradesh.
