According to reports, the CBI is looking into the investments made by Srinivasan in Jagan's companies. Thursday saw Andhra Pradesh IT Minister Ponnala Lakshmaiah being questioned for his role in the case and the alleged favours he doled out to Jagan. Lakshmaiah was questioned on the Government Orders (GOs) he issued when he was the Irrigation Minister in 2004-2009 during late YS Rajasekhara Reddy's regime on supply of water to certain cement firms. These cement firms as a return for the favour invested in Jagan's companies.
Among the arrests that have been made in relation to the case include Jagan's financial advisor V Vijay Sai Reddy who was granted bail, former AP Minister Mopidevi Venkataramana Rao, industrialist Nimmagadda Prasad and senior bureaucrat KV Brahmananda Reddy.
Meanwhile, the custodial interrogation of Jagan ended on Thursday and he was taken back to the Chanchalguda jail by CBI where he will remain in judicial custody till Jun 11.