Jagan Mohan Reddy
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Jagan Mohan Reddy claimed he is a businessman, not politician
Kadapa (Cuddappah)
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Jagan Mohan Reddy claimed he is a businessman, not politician

Charges Naidu for using his name to tarnish fathers image

Cuddapah, October 17, 2007

At a press conference at Pulivendula on Wednesday, Jagan Mohan Reddy, the son of the Chief Minister Dr. YS Rajasekhara Reddy claimed he is a businessman and not a politician. He said that the Telugu Desam Party (TDP) President, N Chandrababu Naidu is using his name to tarnish the image of his father.

Jagan refuted the TDP allegations over the sale of his shares in Sandur Power Company and said there was nothing wrong in the sale of shares to fund the expansion of his business. He said that the Chandrababu Naidu was leveling baseless allegations against him that he was trying to convert his black money into white by selling jacked up shares of Sandur Power Company to fictious firm in Mauritius.

Jagan further said that all his money was white and there was no need to buy assets on benami names. The TDP president is worried over the Congress Government announcement over Rs. 2kg rice scheme, in the wake of forthcoming elections and that Chandrababu Naidu is trying to tarnish the image of his father.

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Jagan Mohan Reddy claimed he is a businessman, not politician
Charges Naidu for using his name to tarnish fathers image

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October 17 in History

Events and happenings on 17 October in History

17 October 2001
Highlights: CM visits flood effected areas in Cuddapah and Nellore

17 October 2002
Highlights: Olive Green Decoit gang arrested

17 October 2003

17 October 2004
Highlights: Peace talks goes on little progress made

17 October 2005
Highlights: Indefinite strike by RTC - Alterative arrangements made

17 October 2006
Highlights: Rural Health Project launched

17 October 2007
Highlights: Cine Actor Chiranjeevi's daughter marries her boy friend

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