The property dispute between YS Jagan Mohan Reddy and YS Sharmila has been a hot topic in Andhra Pradesh’s political scene over the last few days, with both siblings throwing accusations at each other and presenting their own versions of the conflict.
Several YCP leaders have alleged that Sharmila is raising this property issue only to get Jagan’s bail cancelled. Responding to the same, Sharmila called these statements from YCP leaders “the biggest joke of the century.”
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Sharmila clarified that the Enforcement Directorate (ED) had attached immovable assets worth Rs. 32 crore belonging to their company, not shares.
She said, “There are no restrictions or objections regarding share transfers. The status quo wasn’t applied to shares. Even before, the ED attached company shares but didn’t halt trading. So, saying property transfers aren’t possible because of ED’s attachment of shares is an absolute joke.”
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Sharmila also pointed out that Jagan had signed an MoU agreeing to transfer 100% of shares to her. She questioned if he wasn’t aware his bail could be affected when signing the MoU.
She further questioned how shares in Classic Realty, Sandur Power, and Saraswati Power were sold to Vijayalakshmi for Rs. 42 crore. “Didn’t you know bail could be affected when selling shares? You clearly know there’s no link between bail cancellation and selling shares. This is all just drama,” Sharmila added.
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