Hyderabad: Jagan Reddy in trouble again, CBI tightens noose

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Hyderabad, April 2: Jagan Mohan Reddy, who has been struggling in jail and has not been given bail yet, may land in trouble once again. The investigative agency Central Bureau of Investigation (CBI) on Tuesday, April 2 is expected to submit its supplementary charge-sheet in connection with Jagan's alleged disproportionate asset (DA) case.

In a special CBI court here, the agency earlier had sought extension of judicial remand of Jagan and other accused who were arrested over the DA case.

According to sources, CBI collected more proofs against three pharma companies regarding their alleged involvement in the case. The supplementary chargesheet is likely to be filed against them, added sources.

Meanwhile, the special CBI court extended the judicial remand of Jagan, former Andhra Pradesh Excise Minister Mopidevi Venkata Ramana Rao, industrialist Nimmagadda Prasad, IRAS officer KV Brahmananda Reddy (all accused in Vanpic aspect of Jagan assets case) till April 8, after they were produced before it through video-conference from Chanchalguda Central Prison where they are currently lodged.

Andhra Pradesh Roads and Buildings Minister Dharmana Prasada Rao, also an accused in the case, appeared before the Principal Special Court for the CBI cases. Jagan was arrested by CBI on May 27 in 2012 on corruption charges and has been lodged in Chanchalguda Jail since then.

Jagan has been accused of getting huge investments from various individuals and firms into his businesses as quid-pro-quo for the favours granted by the then government headed by his father and chief minister (late) YS Rajasekhara Reddy.

Four charge-sheets have been filed by the CBI so far against Jagan and others.

In its allegations, the CBI claimed Jagan and his late father hatched a conspiracy to defraud the state government, wherein Jagan influenced the senior Reddy in doling out certain favours to various stake-holders, who made investments of several crores into Jagan's businesses (at very high premium) as a quid-pro-quo.

OneIndia News
(With IANS inputs)

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