Jagan PMLA Case: ED Seeks Day-to-Day Trial, Urges Telangana High Court for Speedy Hearing

The Enforcement Directorate (ED) has approached the Telangana High Court seeking a speedy day-to-day trial in the money laundering cases registered against former Andhra Pradesh Chief Minister and YSR Congress Party president Y. S. Jagan Mohan Reddy and other accused. The agency has also requested the court to direct the personal appearance of all the accused during the proceedings. According to the ED, nine prosecution complaints filed under the Prevention of Money Laundering Act (PMLA) between 2016 and 2021 are still pending before the Special CBI Court in Hyderabad, with discharge petitions delaying the commencement of the trial for nearly a decade.

The ED investigation stems from a CBI FIR alleging a quid pro quo investment scheme involving Jagan Mohan Reddy and several companies linked to him and his family. Investigators claim that during the tenure of late Y. S. Rajasekhara Reddy as Andhra Pradesh Chief Minister, certain corporate entities and individuals received government favours and, in return, invested substantial amounts in companies such as Bharati Cement Corporation Pvt. Ltd., Jagati Publications Ltd., and Janani Infrastructure Pvt. Ltd. The agency maintains that these investments were made at unusually high share values as part of the alleged arrangement and are now under scrutiny under the provisions of the PMLA.

The ED stated that despite cognizance being taken in all nine prosecution complaints, there has been little progress because the discharge petitions remain undecided due to transfers of presiding officers and other procedural delays. Citing the constitutional right to a speedy trial under Article 21, the agency informed the High Court that prolonged delays have prevented the matter from moving beyond the preliminary stage. Through its writ petition, the ED has sought directions for expeditious disposal of the discharge petitions and a continuous day-to-day hearing of the cases, arguing that such measures are necessary to ensure timely delivery of justice.

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