Chennai, April 6: The arguments by Tamil Nadu Chief Minister Jayalalithaa's counsel would conclude by Thursday, April 6. Senior counsel L Nageshwar Rao informed the Bench comprising Justicr O C Ghose and Amitava Roy that he would require another day to conclude arguments.
Today Rao sought for upholding the High court order stating that the verdict of acquittal was passed after detailed consideratiom.
He further stated that the high court judge was right in concluding that the assets were over valued by the investigating agency and also exaggerated by the prosecution.
Uphold HC order:
Rao told the Bench that there was no reason to interfere with the order of the High Court. The HC had gone into all aspects before acquitting his client he told the court.
He slso said that the prosecution was wrong in stating that Jayalalithaa must be made to explain the assets of the others.
The trial court's order convicting Jayalalithaa was not right. It even slapped a fine of Rs 100 crore. It must be noted that the trial court had taken into account the clean chit given by the income tax tribunal. However while sentencing her the same had not been concerned, said Nageshwar Rao.
He once again reiterated that the IT returns were all filed before the chargesheet in this case was filed. In fact it was only in the case of Namathu MGR that the IT returns were not filed before the chargesheet.