The team will get in touch with CBI officials probing the case to present its plea in court here for questioning Reddy, ED sources said today.
The ED has registered separate cases under the Prevention of Money Laundering Act (PMLA) and Foreign Exchange Management Act (FEMA) against the Kadapa MP, arrested by CBI on May 27, his associates and some civil servants, they said.
The Directorate wants to question 39-year-old Reddy, who was sent to a jail here yesterday after being remanded in two weeks of judicial custody by a CBI court, with regard to financial dealings in various firms run by him and other investments he and his companies allegedly made overseas, they said.
The ED team in this regard will comprise officials from Delhi and Hyderabad, the sources said.
The Directorate wants to record his statement under PMLA and also confront him with documents gathered by the agency during its probe till now, they said.
The ED has already accessed documents relating to the first charge sheet filed by CBI in connection with the disproportionate assets case registered against Reddy, the sources said.
The CBI's first charge sheet in the case was against Reddy and 12 others and had accused him of getting investments worth several crores from various business firms into his businesses as part of quid-pro-quo when his father (late YS Rajasekhara Reddy) was the Chief Minister of Andhra Pradesh.
The CBI has filed three charge sheets in the case till now.