The andhra pradesh government, headed by chief minister Y S jagan Mohan reddy, has named media mogul Cherukuri ramoji rao as Accused 1 in the case and charged him with financial crime. While late Y S Rajasekhar reddy had previously accused ramoji rao of such fraud, jagan Mohan reddy has now produced proof to back the claims. ramoji rao, who is now in his late 80s, should not have been connected to the activities of Margadarsi Chit Funds Private Limited. ramoji rao is accused of diverting monies received from people through the chits and developing his own business enterprise.
Rajasekhar reddy warned ramoji rao, but he persisted in intimidating the YS family and picking on jagan Mohan reddy despite his warning. Due to Ramoji Rao's newspaper Eenadu, which he uses to spew misinformation on a regular basis, he has become the target of a witch hunt. jagan Mohan reddy cannot be expected to be quiet and put up with Ramoji Rao's assaults given his position of authority. The exposing of jagan Mohan reddy is an extreme, but the exposing of Ramoji Rao's fraudulent acts by Rajasekhar reddy and vundavalli Arun Kumar was just the beginning.
Ramoji Rao is being falsely accused by the stamps and registration department officers in order to prevent his arrest or public exposure as a cheat or financial fraudster. ramoji rao hasn't yet met jagan Mohan reddy, despite the fact that he has seen individuals who submitted to him as a result of his media influence. ramoji rao needs to quit acting haughtily in front of the media immediately, otherwise he will be arrested at his advanced age.