Film Actor Akkineni Nagarjuna and industrialist Matrix Prasad was met with he Chief Minister, Mr N. Kiran Kumar Reddy on Yesterday to clarify thier links with YS Jagan.
But the actor Nag said it was just a courtesy call, the fact is that the Central agencies and the Andhra Pradesh High Court are looking into Mr Prasad’s business association with the former Kadapa MP, Mr Y.S. Jagan Mohan Reddy.
Akkineni Nagarjuna and Prasad are partners in the modernisation project of Annapurna Studios and Maa TV, and social service initiatives of Nimmagadda Foundation, an NGO belonging to Mr Prasad.
The income tax department has sought details of the investments made by Mr Prasad’s companies in Mr Jagan’s media house, Sakshi, and the High Court recently served notice to the industrialist to furnish the same details.
The court was reacting to a complaint made by the textiles minister, Mr P. Sankar, that Mr Jagan’s business empire was built on the ill-gotten money obtained during the regime of YSR.
The CM has also been obtaining details of projects awarded to Mr Prasad during YSR’s regime, including the mega 20,000 acre Vadarevu and Nizampatnam Ports Industrial Corridor (Vanpic).
