HYDERABAD: Jagan, son of late Chief Minister Y S Rajasekar Reddy, after being denied the top post in the state, has floated his own YSR Congress Party on whose symbol he and his mother won Kadapa Lok Sabha and Pulivendla assembly seats in recent by-polls.The petition has challenged the July 12 high court order arguing it was "illegal" "erroneous" and "unsustainable" and deserves to be quashed. It is likely to be listed for hearing tomorrow.Jagan contended the High Court did not have the jurisdiction to order a preliminary CBI probe on a "politically motivated" petition.He has sought quashing of the High Court order which directed CBI to submit its report in two weeks.The High Court had passed the order on the petition filed by Andhra Pradesh Textiles Minister P Shankar Rao accusing Jagan of amassing huge wealth using his late father's position as chief minister.Rao had filed the petition before becoming the minister.The High Court had said it will decide on the issue of a full-fledged inquiry based after the preliminary report from CBI.The minister accused the Kadapa MP of money laundering by floating fictitious firms and routing the black money through some companies in Mauritius.
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