Hyderabad, Oct 10, 2026 16:28 ISTThe Enforcement Directorate has moved the Telangana High Court seeking a speedy, day-to-day trial in money laundering cases filed against former Andhra Pradesh chief minister Y S Jagan Mohan Reddy and others. It has also sought the personal appearance of all the accused in the prosecution complaints filed under the Prevention of Money Laundering Act.
The agency said the cases have remained at a preliminary stage for years because discharge petitions are still pending before the Special Court for CBI cases in Hyderabad. According to the ED, this has delayed further progress even though cognisance has already been taken in all nine prosecution complaints filed between 2016 and 2021.
The ED investigation began on the basis of a CBI FIR against the YSR Congress president and 73 others over alleged quid pro quo investments in his companies. The probe relates to allegations of government favours to large corporates and individuals, and the receipt of large investments in companies linked to Jagan and his family members as part of a quid pro quo arrangement for favours allegedly extended by the Andhra Pradesh government during the chief ministership of his father, late Y S Rajasekhara Reddy.
In a statement, the ED said the pendency of the discharge petitions had kept the complaints at a preliminary stage. It said there had been no significant progress in the proceedings before the CBI Special Court even after several years from the date cognisance was taken. The agency said the discharge petitions were heard by the Special Court but had not yet been decided because of the transfer of presiding officers and other reasons.
The ED noted that it exercised its right to a speedy trial under Article 21 of the Constitution by approaching the Telangana High Court on September 23 with a prayer to direct the criminal justice system to ensure that proceedings are conducted with reasonable expedition. The agency stated that proceedings in the case had remained pending for nearly 10 years and that the sequence of events showed an absence of reasonable expedition.
To conduct a speedy and day-to-day hearing and trial of the prosecution complaints alongside the discharge petitions in the interest of justice, the writ petition was filed before the High Court. The agency added that its investigation had uncovered large investments made by various companies and individuals through share subscriptions at very high rates in firms such as Bharati Cement Corporation Pvt Ltd, Jagati Publications Ltd, and Janani Infrastructure Pvt Ltd, which are linked to Jagan and his family members.