Jagan Reddy’s Mother Sides With Sister Sharmila, Party Calls Her “Biased”

Hyderabad:

Amid YSR Congress chief YS Jagan Mohan Reddy’s dispute together with his sister and Congress chief YS Sharmila over an inheritance value crores, their mom YS Vijayamma has written an open letter, placing her weight behind Ms Sharmila and saying that it is her “responsibility to talk up for the unfairly handled youngster”.

In response, the YSR Congress Social gathering launched an open letter, saying “mom has not been impartial”. The Jagan Reddy-led social gathering mentioned Vijayamma backed Sharmila and the Congress earlier than and after the Andhra Pradesh Meeting polls. Within the state polls held earlier this yr, YSRCP suffered a rout and Jagan Reddy misplaced energy to arch-rival, TDP’s N Chandrababu Naidu. The YSRCP mentioned YS Sharmila joined the social gathering that had put Jagan Reddy in jail.

She wrote that Sharmila was not concerned within the household enterprise however labored selflessly in politics on Jagan Reddy’s directions. “Jagan’s rise to energy owes a lot to Sharmila’s efforts. As a mom, all kids are equal. It is painful to see injustice carried out to at least one youngster. As a mom, it is my responsibility to talk up for the unfairly handled youngster,” Vijayamma wrote. She mentioned it’s “deeply painful” for her to look at these occasions unfold. “My late husband, Rajasekhara Reddy, our kids, and I have been a contented household. I am unable to understand why our household is dealing with such difficulties. Regardless of my efforts to cease it, unlucky occasions are unfolding earlier than my eyes,” she wrote.

Vijayamma slammed baseless claims being unfold about her household and mentioned this should cease. “It isn’t good for my kids, nor for the state. I hesitated to convey this up, however the state of affairs calls for it. I implore those that have spoken wrongly about our household to stop.”

“Blood is thicker than water. My kids will reply for themselves. I belief in God, who will present options to their issues,” she wrote.

Dismissing claims that YSR distributed his property amongst his kids whereas he was alive, she wrote, “YSR had transferred some property to my youthful daughter, Sharmila’s identify, and a few to my son, Jagan’s identify, whereas he was alive. That is not dividing property; it is simply allocating them.”

YS Rajasekhara Reddy, chief minister of undivided Andhra Pradesh and a preferred Congress chief, died in a helicopter crash in 2009.

“YSR’s want was for his kids to have equal shares, and that is the reality. Jagan labored laborious to develop our property, however all property belong to the household,” Vijayamma wrote.

“After YSR’s premature passing in 2009, Jagan and Sharmila lived collectively till 2019. Jagan gave Sharmila 200 crores from his share as per their settlement. In response to the MoU, Jagan would get 60%, and Sharmila 40%. Nonetheless, earlier than the MoU, they shared equal dividends since Sharmila had an equal share,” she wrote.

Vijayamma wrote that Jagan Reddy proposed a division in property after he turned Chief Minister in 2019. She mentioned he cited considerations about their grown kids doubtlessly not getting alongside.

“After that, in Vijayawada, in my presence, they determined to divide the property, saying ‘that is Jagan’s and that is Sharmila’s’. The MoU written in 2019 is similar one. That is the MoU written and signed by Jagan himself. Since Sharmila had rights, Jagan gave her 200 crores as dividends. Sharmila had rights, which is why they wrote the MoU. It was written formally.”

“The properties talked about within the MoU to be given to Sharmila aren’t items from Jagan however his duty. Since there have been no attachments, Jagan promised and signed that he would give Sharmila 100% of Saraswathi shares talked about within the MoU and 100% of the Yelahanka property not talked about within the MoU instantly,” Vijayamma wrote.

“Sharmila was additionally unfairly handled concerning the unattached properties. Shaarmila’s share included Bharati Cements, Sakshi Media, and YSR’s home, which ought to be given after the circumstances,” she added. She mentioned she needed to communicate as much as make clear the reality “amidst the falsehoods unfold by many”. “The reality is that this… Nonetheless, they’re siblings. That is their difficulty; they’ll resolve it,” she wrote.

“If Rajasekhara Reddy have been alive, this asset difficulty would not have arisen, and there would not be such controversy. I would not have needed to communicate out if it weren’t for the continued chaos. I consider solely my phrases can cease this. Please, I request you all, as my kids, to chorus from talking irresponsibly,” Vijayamma wrote.

YSRCP responded to Vijayamma’s letter, saying that Jagan Reddy by no means requested for the property again. “YS Jagan has shared his property together with his sister Sharmila out of goodwill. She is not a director in any of Jagan’s companies. Jagan handled Sharmila with kindness, identical to any brother would. Late CM Rajasekhara Reddy had already transferred property to Sharmila and Jagan. Jagan by no means requested for these property again. He solely despatched a discover concerning the trade of connected properties in ED circumstances with out his information,” YSRCP state secretary SV Satish Reddy mentioned in a press release.

The Siblings’ Letter Struggle

The siblings have exchanged bitter letters amid the dispute and accused one another of “deceitful (and) deeply hurtful” actions that belittle their father’s reminiscence.

Jagan Reddy earlier wrote to the Nationwide Firm Legislation Tribunal to red-flag the “unlawful” switch of shares in Saraswati Energy. He mentioned the shares have been “given to me in belief by a present deed” and that he had “gifted” them to their mom, YS Vijayalakshmi, “with the understanding that the switch… would occur publish court docket clearance (and) with execution of additional acceptable documentation…”

However these shares, the previous Chief Minister wrote, had been transferred by his sister to herself in a “deceitful method (that) creates potential authorized problems for me”. These shares, he mentioned, would now “revert to me as the unique and persevering with proprietor and beneficiary of the curiosity…” The YSR Congress boss additionally declared void the MoU he signed in 2019. The MoU talked about his intention “to impact switch of sure properties to you… out of my love and affection for you as my sibling, at some extent of time in future”.

In response, Ms Sharmila flagged their father’s “unambiguous” instruction “that every one properties acquired with household sources throughout his lifetime ought to be divided equally between his 4 grandchildren”.

She dismissed Jagan Reddy’s intention to scrap the MoU, saying it has no authorized authority.

“You will have carried out what our pricey father would by no means have imagined… filed circumstances towards his pricey spouse (our mom) and daughter (myself) to deprive his household of their legit share,” she wrote.

On the vexed difficulty of Saraswati Energy shares, Ms Reddy claimed the intention had been to switch on signing of the MoU “however you (Jagan Reddy) failed to satisfy this promise for a number of years…”

The corporate regulation tribunal shall be listening to the matter on November 8.

The inheritance dispute comes after the siblings parted methods politically. From campaigning extensively for her brother until the 2019 Meeting polls, YS Sharmila moved away in 2021 to drift her YSR Telangana social gathering. This merged with the Congress earlier than the final election this yr. The Congress named YS Sharmila the social gathering’s Andhra Pradesh chief, pitting her as her brother’s challenger.