Hyderabad, Sep 17 IANS | 11 months ago

The Central Bureau of Investigation (CBI) Tuesday filed two more charge sheets in the disproportionate assets case involving YSR Congress party chief Y.S. Jaganmohan Reddy.


The agency filed the two charge sheets in Indu Projects and Lepakshi Knowledge Hub (LKH) deals in a special court, taking the total number of charge sheets in the case to 10.

The latest charge sheets have named among others former Andhra Pradesh ministers, Sabitha Indra Reddy and Dharmana Prasad Rao, who were already named as accused in the previous charge sheets.

The CBI has also named Jaganmohan Reddy, his financial advisor Vijay Sai Reddy, Indian Administrative Service officer B. P. Acharya and officials of Indu Group and LKH.

Both the charge sheets relate to quid pro quo investments in Jagan's companies. The CBI has charged Indu Group with investing Rs.70 crore in Jagan's companies for the alleged favours it received when his father Y.S. Rajasekhara Reddy was the chief minister.

The government had allotted 8,848 acres of land to Indu Group, an infrastructure firm, in Anantapur district for developing the LKH. Indu Group was also allotted 250 acres of land at Shamshabad on Hyderabad outskirts for the Indu Tech Zone.

The CBI had last week filed three charge sheets against three cement companies, which made quid pro quo investments in Jagan's firms.

Jagan, who is MP from Kadapa, is in jail since May last year. His bail petition is likely to come up for hearing Wednesday.

Meanwhile, former minister Mopidevi Venkatramna was released from jail Tuesday, a day after the CBI court granted him 45-day interim bail. Mopidevi was also in jail for more than a year in Jagan case.

(Posted on 17-09-2013)