The Central Bureau Of Investigation on Wednesday filed a First Information Report (FIR) against YS Jagan Mohan Reddy in the illegal assets case. The CBI has initiated the inquiry following an order from the High Court.
CBI's joint director VV Lakshmi Narayana earlier held discussions with the local authorities. Based on separate petitions filed by Textile Minister Dr. P. Shankar Rao and TDP leader K. Yerran Naidu, the AP High Court had ordered the CBI to probe the alleged illegal assets that the Kadapa MP had amassed during his father's regime as the Chief Minister.
After the registration of FIR, there are speculations that Jagan Mohan Reddy might be arrested. The political analysts are also doing an analysis of a possible outcome of Jagan's arrests and the CBI case. In all likelihood, Jagan is likely to drag several leaders who were members of YSR cabinet into the controversy. Jagan has already stated that the entire cabinet of YSR must be held responsible for any decision taken during his regime. The ongoing week is likely to be full of action with the possibilities of CBI arresting Jagan Mohan Reddy or conducted search in his premises at a large scale.