Kakinada Sea Port MD files FIR; alleges Jagan, Rajya Sabha MP Vijay Sai Reddy forcibly got shares transferred
Kakinada Seaports' Chairman K V Rao files an FIR accusing YSRCP MP Vijay Sai Reddy and Aurobindo group officials of forcibly acquiring stakes in Kakinada Seaport and SEZ. He alleges threats and orchestrated financial irregularities audits, resulting in undervalued transactions of shares supposedly for Andhra Pradesh CM Jagan Mohan Reddy.