Srinivasan has been named in the chargesheet filed against India Cements, which is promoted by him.
The probe agency has filed the other two chargesheets against Penna Cements and Bharathi Cements in a special court in Hyderabad.
The CBI has alleged that India Cements had invested up to Rs. 140 crore in Jagan's companies as quid pro quo for water allotted to their plants in Nalgonda and at Tandur in Ranga Reddy district of Andhra Pradesh, when his father YSR Reddy was the chief minister of the state.
This has added to the woes of Srinivasan, who had earlier stepped down as the BCCI chief after his son-in-law Gurunath Meiyappan was accused in spot fixing scandal in Indian Premier League (IPL).
The agency has also alleged that Penna Cements, promoted by Pratap Reddy, invested Rs. 68 crores in Jagathi Publications and Carmel Asia, both of which are owned by Jagan, as a quid pro quo for over 1500 acres of land allotted preferentially.
The third company named in the chargesheet-Bharati Cements, which has now become Raghuram Cements, was owned by Jagan. The company is said to have been allotted land in excess than what was granted legally.
Jagan is serving his term in jail since May 2012 in connection with the disproportionate assets case.
--IBNS (Posted on 10-09-2013)