Mr Reddy claimed the cases against him were filed because he broke up with the Congress after his father YS Rajasekhar Reddy's death in 2009 in a helicopter crash, and formed his own party. He said the cases, filed at the time of the UPA government at the centre, were "politically motivated" with petitioners being "Congress and TDP politicians."
Mr Reddy was speaking to NDTV during the course of a padyatra to demand "special status" for Andhra Pradesh, something he claims Chief Minister Chandrababu Naidu, an NDA ally, has failed to deliver.
Mr Naidu's Telugu Desam Party or TDP last week pulled its two ministers from the central government over the "special status" demand. Mr Naidu had said the "intended purpose" of joining the union cabinet was not served, so there was no point in continuing. But the ministers, YS Chowdary and Ashok Gajapati Raju, told reporters that TDP remains part of the BJP-led national alliance NDA and any decision to end the alliance would be taken by Mr Naidu.
Mr Naidu's party has alleged that Mr Reddy's agitation is at the behest of the BJP, in exchange for central laxity on the cases against him.
Jagan Mohan Reddy is accused of putting pressure on various individuals and firms to invest several crores in his businesses as a "quid pro quo" for favours bestowed on them during the tenure of his father, who was Andhra Pradesh Chief Minister from 2004 to 2009. Before the 2014 elections, Mr Reddy, at one time among India's richest parliamentarians, disclosed he was worth 416 crores.
Mr Reddy told NDTV that the centre was going soft on Mr Naidu who, he alleges, is embroiled in corruption.
"We have a CM who is blatantly involved in corruption in Andhra. Nothing is spared by him - from sand to mud to liquor to power and coal. His only exemption is that the central government link he has", he said.
As further proof to rebut claims of a backroom deal with the BJP, Mr Reddy says he is determined to go ahead with a no-confidence motion against the centre in the ongoing session of parliament, in protest against the refusal to grant special status to Andhra Pradesh.
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"I have given my MP's an ultimatum", he said.
Andhra parties say nothing short of "special status" will do as that was promised to the state when it was bifurcated to carve out a new state Telangana, leaving what was left of Andhra Pradesh in a deep revenue deficit.