HC orders CBI probe into Naidus wealth

HYDERABAD: After YS Jagan Mohan Reddy, it will now be the turn of former chief minister and Telugu Desam president N Chandrababu Naidu to face a CBI investigation into his "riches". The High Court on Monday asked the CBI, Enforcement Directorate and SEBI to conduct a preliminary investigation independently into Chandrababu Naidu's assets and submit a report to the court within three months in sealed envelopes.
The court gave the directive, acting on a 2,424page petition filed by YS Jagan Mohan Reddy's mother and legislator YS Vijayamma on October 17 that Chandrababu Naidu had, when he was the chief minister of the state between 1995 and 2004, amassed huge wealth using questionable methods. The direction given by the bench comprising justices Ghulam Mohammed and Nooti Ramamohan Rao could not have come at a worse time when Naidu is in the thick of leading a movement against corruption.