Home INDIA & BEYOND CBI files 11th charge sheet in Jagan case

CBI files 11th charge sheet in Jagan case


Hyderabad, Sep 9 :

The Central Bureau of Investigation (CBI) Tuesday filed 11th charge sheet against YSR Congress chief Y.S. Jaganmohan Reddy in ‘quid-pro-quo’ inestmentscase.

Jaganmohan Reddy
Jaganmohan Reddy

The charge sheet filed in a special court has names of 14 accused including Jaganmohan Reddy, his aide and financial advisor Vijay Sai Reddy and Indu Projects Ltd (Housing).

The agency filed the charge sheet in the court of principal special judge for CBI cases with regard to Indu Projects Ltd (Housing), which allegedly made investments made to the tune of Rs.70 crore in Jaganmohan Reddy’s firms in return for the alleged favours bestowed by the then government of his father Y.S. Rajasekhara Reddy.

The accused have been charged with cheating, criminal conspiracy, forgery and criminal breach of trust.

Jaganmohan Reddy, who was arrested by the CBI in 2012 and released on bail last year, is prime accused in all charge sheets filed in the case so far.

According to CBI, he allegedly got huge investments into his businesses from various firms in return of the alleged favours bestowed on them in the form of lease, license, permissions and land when Rajasekhara Reddy was the chief minister of Andhra Pradesh between 2004 and 2009.

Jagan, as the young leader is popularly known, is the leader of opposition in the assembly of the truncated Andhra Pradesh.

The previous charge sheet in the case was filed in a year ago when Jagan was in jail.

Meanwhile, Jagan appeared Tuesday before the court in connection with the case. The court adjourned the hearing to Sep 23. Former state minister D. Prasad Rao, a co-accused in one of the cases, also appeared in the court.

Some ministers in Rajasekhara Reddy’s cabinet, several bureaucrats and industrialists are accused in the case.