25 Congress MLAs resign over Jagan inquiry

Twenty five of Congress MLAs have resigned from the Andhra Pradesh Assembly over the investigation against Jagan Mohan Reddy. While the Congress still holds a majority of the 294 seats, the revolt will affect party morale and fuel the notion that Jagan Mohan exerts significant pull over its partymen in his home state.<br> <br>What has fuelled the masse resignation is the fact that Jagan&#39;s father, popular Congress leader YSR Reddy, has been named in the formal complaint filed against Jagan Mohan by the CBI. The investigating agency is trying to prove that when YSR was Chief Minister, he used public offices to favour companies who thanked him by investing in Jagan&#39;s companies at massive premiums.<br> <br>Jagan Mohan is one of India&#39;s wealthiest politicians. His empire includes a vernacular newspaper, a TV channel, a cement plant and a power project, and is estimated to be worth more than a few hundred crores. Earlier this year, he declared assets amounting to 365
crores.<br> <br>YSR died in September 2009 while he was still Chief Minister. The months that followed witnessed several acts of rebellion by Jagan against the Congress, which chose not to appoint him his father&#39;s successor. He quit the party with his mother last year, and has formed the YSR Congress.<br> <br>The complaint against him has been filed by a minister in the current government, P Shanker Rao.<br><br>Jagan Mohan has accused the Congress of using courts to &quot;witch-hunt.&quot; He has also said that if the CBI wants to investigate his father&#39;s term in office in the context of this case, it must quiz the different ministers that belonged to YSR&#39;s Cabinet.<br> <br><br>Read more at: <a href="http://www.ndtv.com/article/india/jagan-inquiry-25-congress-mlas-resign-128176&amp;cp">http://www.ndtv.com/article/india/jagan-inquiry-25-congress-mlas-resign-128176&amp;cp</a><br> <div class="blogger-post-footer"><img width='1' height='1'
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