The Enforcement Directorate (ED) on Wednesday attached assets worth 'Rs 863 crore' belonging to YSR Congress Party chief YS Jagan Mohan Reddy, industrialist Nimmagadda Prasad and their companies terming them "proceeds of crime".
This was a major setback to Jaganmohan Reddy, whose business empire is already under scrutiny of several financial odds. When he was released on bail from prison after spending 16 months time it was widely speculated he had reached into an understanding with Congress high-command to come out from the jail. As per the understanding, Jaganmohan Reddy would extent support to UPA government after the polls.
As part of this understanding only, it was felt that his party has decided not to field candidate in Rajya Sabha polls, though it was in a position to manipulate success of their candidate only to facilitate free way for Congress.
Till two weeks ago, even Jaganmohan Reddy restrained from making any direct criticism against Congress president Sonia Gandhi and her son Rahul Gandhi. But as elections are nearing, to give momentum to his campaign he started criticizing them and also referring to her 'foreign' identity.
Realising that there may not be any scope for Cognress to return to power at the center or in the state, Jaganmohan Reddy started lobbying with BJP promising them to extend support to NDA after polls.
Originally, Congress leaders expect that Jaganmohan Reddy will field week candidates against senior Congress leaders in Lok Sabha elections so that to pave way for the Congress to get substantial number of Lok Sabha seats in Seemandhra also. In return, Congress will facilitate YSRCP to gain most of the Assembly seats.
However, sensing Jaganmohan Reddy's abrupt hostility with Congress high-command, the ED resorted to biggest property attachment orders only to bring moral pressure on him to come to in terms with Congress.