Vijaya Sai Reddy sharply criticized Sharmila for her ongoing dispute with her brother Jagan Mohan Reddy, labeling it as a struggle for power rather than property.
Vijaya Sai Reddy, who worked as an auditor for Raja Reddy and has longstanding ties with the Y S family, emphasized that asset distributions were arranged between Jagan and Sharmila following the passing of their father, Y S Rajasekhar Reddy.
According to Reddy, Jagan agreed to allocate 40% of his assets to Sharmila once ongoing court cases concluded. However, he claims Sharmila transferred some shares without Jagan's knowledge, potentially jeopardizing Jagan’s legal standing.
"Shares and property distribution should only be done after the court cases are resolved; otherwise, the court may intervene," stated two retired Supreme Court judges.
But what did Sharmila do? She claimed the shares had gone missing and proceeded to transfer them without Jagan's knowledge, using fraudulent signatures.
"This action could potentially lead to Jagan’s bail being canceled, possibly resulting in jail time. Isn’t this exactly what Babu wants?" Vijaysai Reddy expressed.
Sharmila’s actions, he said, appear to align with political opponents who aim to end Jagan’s term as CM.
Further, Reddy expressed disappointment over Sharmila’s recent financial dealings, accusing her of leveraging family investments without personal contribution.
"Sharmila never invested single penny in Jagan's businesses", he said.
"Sharmila is now saying that Chandrababu would solve her issues with Saraswati Power only by troubling Jagan like this", Vijay Sai Reddy said.