Aurobindo & Hetero Land Allotment: Jagan Summoned By ED Court

Article by Satya B Published on: 1:11 pm, 9 January 2021

Jagan

AP CM YS Jagan has been summoned by the Enforcement Directorate court. This is in related to the land allotments to Aurobindo Pharma and Hetero Drug companies. Recently, the concerned charge sheet has been transferred from Nampally court to the ED court.

Taking up the charge sheet over the land allotments to Aurobindo and Hetero, the ED court asked CM YS Jagan to attend the court hearing on January 11, 2021. Along with CM Jagan, YSRCP MP Vijay Sai Reddy, Hetero Director Srinivasa Reddy, Aurobindo MD Nityananda Reddy, PV Ramprasad Reddy, Trident Life Sciences Director Chandra Reddy, Retired IAS BP Acharya have been summoned. The ED court has asked everyone to attend its heading on Jan 11.

Earlier, the YSR government had allotted 75 acres of land each to Hetero Drugs and Aurobindo Pharma at the Special Economic Zone at Jadcherla in Mahabubnagar. It is alleged that it was a quid pro quo for investments in Jagan’s companies. Another 30.33 acres of land was transferred to Trident Life Sciences that was falsely claimed to be a wholly owned subsidiary of Aurobindo Pharma at the Export Promotion Industrial Park of AP Industrial Infrastructure Corporation at Pashamylaram in Medak district by cutting down the processing fee from 10 percent to 2 percent.

During 2004 to 2009 government headed by Jagan’s late father YSR, these allotments were made to the above mentioned Pharma companies which are now under investigation over the allegations of Quid Pro Quo.

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