Hyderabad: Finance Minister of A.P., Mr. Rama Krishnudu announced that very soon Sakshi Telugu Daily and TV channel will be taken over by Govt. of A.P. At present, Mr. Y.S. Jagan Mohan Reddy is managing them.
Mr. Ram Krishnudu told that Govt. of A.P. has enacted a law to stop the process of collecting money through illegal means and bribe. President of India has given his assent to this act. Under this act, State Govt. can take over properties seized by Enforcement Directorate. Under this law Govt. will take over Telugu newspaper Sakshi and Sakshi TV Channel. This will not be an act of revenge. He further said that Mr. Jagan Mohan Reddy looted Rs. 1 lakh crore public money and started newspaper and TV channel.