AP High Court orders inquiry into Chandrababu Naidu's assets

HYDERABAD: The Andhra Pradesh High Court today asked the CBI and Enforcement Directorate to conduct an investigation into the assets of former Chief Minister and Telugu Desam Party president N Chandrababu Naidu.

A bench comprising justices Ghulam Mohammed and Nooti Ramamohan Rao gave these orders on a petition filed on October 17 by YSR Congress honorary President and Pulivendula MLA Y S Vijaya.

Vijaya, widow of late Chief Minister Y S Rajasekhara Reddy, filed the petition seeking a probe by the CBI and the ED against Naidu on various counts.

"Several individuals have conspired with Chandrababu Naidu to subvert the system by causing pecuniary advantage to themselves and draining the state's exchequer. Offences of cheating, criminal breach of trust, corruption, money laundering and several others are made out against them," Vijaya prayed in the petition.

"It is in the greatest public interest that Naidu and the other private respondents be investigated at the earliest by both the CBI and the ED, as the offences are of a national and international nature, and which have ramifications across the nation," the petition said.

The court directed CBI, ED and SEBI to complete the investigation and submit reports independently within three months.