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Jagan is Not Director or Chairman of Jagathi Publications
Updated : Jul 3, 2012
Jagan contended that the ED filed the petition for ‘collateral and extraneous’ reasons, knowing well that Jagathi Publications was not represented by him but by Mr. Karthik. Elaborating on it, he said the application was made at the instance of the CBI as the investigation agency could not record any incriminating statement from him when it had access to him. Therefore, the money-laundering route was chosen now. His lawyer G. Ashok Reddy, who argued the case based on the counter, said the ED’s request was aimed at Jagan as a representative of Jagathi Publications and not as an individual which was not permissible since he had tendered his resignation. He asked the ED to examine Mr. Karthik and not Jagan as he was no longer associated with the company.
Mr. Reddy questioned how the ED could claim that a prima facie case was made out against Jagan without placing facts. In the absence of any material before the court, there was no justification in issuing summons to him.