Sakshi TV and Newspaper bank accounts frozen

Sakshi TV and Newspaper bank accounts frozen

The CBI on Tuesday got the authorities of State Bank of India and Oriental Bank of Commerce to freeze the accounts belonging to Sakshi newspaper and Sakshi television owned by YSR Congress president Jaganmohan Reddy as part of its probe into Jagan’s disproportionate assets case.

The accounts that were frozen were those ofJagati Publications, publishers of Sakshi newspaper, Indira Television, which airs Sakshi TV news channel, and Janani Infrastructure Pvt Ltd, which provides logistics and infrastructure to Sakshi newspaper and TV.

All operations of these accounts have been frozen until further orders and the banks were directed to confirm the action on the CBI notices issued under section 102 of CrPC.

The CBI charged that Jagan’s firms, Jagathi, Indira and Janani have been maintaining accounts in these banks and parked the ill-gotten proceeds of crime received from various sources under the guise of funds for conducting business.

Comments are closed.