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ED didn't attach Saraswati shares, says Sharmila


Anta Assamey

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ED didn't attach Saraswati shares, says Sharmila

The ongoing family feud between YSR Congress party president Y S Jagan Mohan Reddy and his sister – Andhra Congress president Y S Sharmila has taken an interesting turn with the latter calling her brother’s claim linking transfer of shares with his bail cancellation a big bluff.

Following the controversy surfacing in the media on Thursday, Sharmila’s office issued a statement rejecting her brother’s claim that he had filed a case against mother and sister because he runs the risk of his bail getting cancelled.

“So in short, Jagan is saying, he will go any lengths even drag his mother to court in order to protect himself,” she said.

Sharmila made it clear that the Enforcement Directorate had not attached the shares of the Saraswati Power and Industries.

“It only attached the company land worth Rs 32 crore. Shares of the company were never attached and could be transferred at any point in time,” she said.

In fact, she argued that the ED attachment of any company’s property never stopped the transfer of shares of that company. There are many companies even in the stock markets that have their company lands or assets attached by ED, and yet are freely traded and shares transferred, she pointed out. 

She wondered if Saraswati shares cannot be transferred post the ED attachment in 2016 and transferring the shares will result in his bail getting cancelled, how Jagan had signed in the MoU that clearly stated that all shares would be transferred to Sharmila immediately to allow her to implement the project. 

“This point was highlighted in MOU and yet his bail did not get cancelled,” she said.

Similarly in 2021, Jagan allowed Vijayamma to buy the company’s shares held by Classic Realty and Sandur for Rs 42 crore.

“And in the same year, he signed and gifted his and his wife’s shares along with folio Nos. mentioned to Vijayamma and yet his bail did not get cancelled,” she said.

Sharmila alleged that Jagan, after his defeat in the elections in June 2024, did not want to be part of Saraswati and wanted to run the cement unit under the banner of Bharathi Cements.

“That’s why he has now raised the issue of the ED attachment, making it sound like shares cannot be transferred,” she said.

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11 minutes ago, Anta Assamey said:

Sharmila Akka is well prepared...

yeah.. wrong step vesindi.. BJP lo join ayyunte Purandeswari place lo vuntunde.. BYAAAD luck...

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2 minutes ago, r2d2 said:

yeah.. wrong step vesindi.. BJP lo join ayyunte Purandeswari place lo vuntunde.. BYAAAD luck...

Yesayya won't agree no

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21 minutes ago, r2d2 said:

yeah.. wrong step vesindi.. BJP lo join ayyunte Purandeswari place lo vuntunde.. BYAAAD luck...

BJP ki matha raajakeeyalu kashtame with her as the head

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4 minutes ago, 11_MohanReddy said:

BJP ki matha raajakeeyalu kashtame with her as the head

1937517-images.jfif

Anything is possible in politics… Politicians will even change their religion if they have to.. 

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56 minutes ago, r2d2 said:

yeah.. wrong step vesindi.. BJP lo join ayyunte Purandeswari place lo vuntunde.. BYAAAD luck...

she would have won as mp...

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24 minutes ago, allbakara said:

Nippu tho national games aaduthundhi sharmilakka

Sharmila played a big role in Jagan’s defeat.. she propped  and helped her fight against Jagan and Avinash, separated their mother from him, created an impression that Jagan doesn’t take care of his mother and sister…

bcoz of all of this, jagan eppudanna chellemmalu, ammalu ante comedy ga anipinchedi.. she didn’t get the benefit but she was successful in creating a negative view on Jagan and CBN benefited big time.. 

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1 hour ago, Mancode said:

she would have won as mp...

ysr is against pushpams 

moreover jaggad is the slave of pushpams

there is no way she can join that party

 

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14 hours ago, Thokkalee said:

Sharmila played a big role in Jagan’s defeat.. she propped  and helped her fight against Jagan and Avinash, separated their mother from him, created an impression that Jagan doesn’t take care of his mother and sister…

bcoz of all of this, jagan eppudanna chellemmalu, ammalu ante comedy ga anipinchedi.. she didn’t get the benefit but she was successful in creating a negative view on Jagan and CBN benefited big time.. 

That may not be true. I think she is with Sharmila because she is not safe living with Jagan. Old age lo ontariga undaledhu. She needs family. Babai murder tharuvatha, Bharathi, Avinash, Bhaskar Reddy lanti criminal minded people unna group lo ame safe untadha? Elections lo odipotham ani thelisthe Jagan would have taken any dangerous step to win the elections. Ame andhuke elections time lo US vellopoyindhi.

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Jagga entha twaraga ee messup ni clear chesukuntee anta manchidii, ledhantee cbn ki vennupotu laa veediki koda chelli potu ventaduthundhi. 

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48 minutes ago, appusri said:

 

That may not be true. I think she is with Sharmila because she is not safe living with Jagan. Old age lo ontariga undaledhu. She needs family. Babai murder tharuvatha, Bharathi, Avinash, Bhaskar Reddy lanti criminal minded people unna group lo ame safe untadha? Elections lo odipotham ani thelisthe Jagan would have taken any dangerous step to win the elections. Ame andhuke elections time lo US vellopoyindhi.

💯

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