Here Is The Truth About YS Jagan’s Name In Paradise Papers

9 Nov, 2017 13:18 IST|Sakshi
YS Jagan is in no way linked to the Paradise papers. It is clear that the Yellow media deliberately tried to peddle lies with an intention to vilify him

The Yellow media is at it again! The moment the Praja Sankalpa Yatra began, the Yellow media has gone on an overdrive peddling falsehoods against AP Leader of the Opposition and YSRCP chief YS Jagan Mohan Reddy. The Yellow Media said YS jagan's name was mentioned in the sensational Paradise Papers, which listed the people who parked their funds in offshore bank accounts. They had even posted a pic of YS Jagan.

But, the fact is YS Jagan does not have any offshore accounts and the papers do not mention YS Jagan's name anywhere. The only names from Telugu states that are mentioned in the list are the promoters of Hetero group's overseas affiliate Hetero Malta, A Narasa Reddy and B Parthasarathy Reddy. Both have already issued clarifications saying that the accounts were not personal, but belong to their overseas affiliate's account and that they have already intimated about the account to all the regulatory authorities. This clarification was published by the Indian Express, which broke the story.

YS Jagan is in no way linked to the Paradise papers. It is clear that the Yellow media deliberately tried to peddle lies with an intention to vilify him

The Indian Express story has referred to the cases to which the names mentioned in the papers are linked to. It is in that connection that Narasa Reddy and Parthasarathy Reddy were mentioned as being named in the case against YS Jagan that the CBI filed. Thus, YS Jagan is in no way linked to the Paradise papers. It is clear that the Yellow media deliberately tried to peddle lies with an intention to vilify him as his Praja Sankalpa Yatra is proving to be extremely successful.

It is interesting to note that the Panama Papers have mentioned the name of Motaparthi Sivaramakrishna Prasad, who was a director in Heritage Foods owned by Chandrababu Naidu’s family . He was made to resign his post the moment he was listed in the Panama Papers. The Yellow Media did not highlight this incident, but is choosing to peddle falsehoods about YS Jagan.

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