Chandrababu Naidu knew about demonetisation, says Jaganmohan Reddy

HYDERABAD: YSR Congress Party chief Y.S. Jaganmohan Reddy, popularly called Jagan, on Wednesday alleged that Andhra Pradesh Chief Minister N. Chandrababu Naidu had prior information about the Centre's move to scrap high value currency notes. 

Talking to reporters in Rajamahendravaram in Andhra Pradesh, he said the decision to spike Rs 1,000 and Rs 500 currency notes was leaked to some selected persons, including Naidu, whose Telugu Desam Party (TDP) is a partner in the ruling coalition at the Centre. 

Jagan, who is Leader of Opposition in the Andhra Pradesh assembly, said Chandrababu Naidu sold shares of his dairy company Heritage Foods three days before c Narendra Modi announced demonetisation. 

YSR Congres Party leader Chandrababu Naidu's October 22 letter to the Prime Minister, seeking scrapping of high-value notes, also proves that the information was leaked to him. 

Jagan claimed that the leak gave the TDP president a month's time  ..