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AP minister along with Jagan named in fresh CBI chargesheets

Last Updated: Wednesday, September 18, 2013 - 00:12

Hyderabad: Andhra Pradesh minister J Geetha Reddy was on Tuesday named along with YSR Congress chief YS Jaganmohan Reddy in two fresh chargesheets filed in a local court by the CBI which is probing alleged quid pro quo investments in companies owned by the jailed Kadapa MP.

The CBI filed charge sheets against Lepakshi Knowledge Hub (LKH) and Indu Tech Zone in a special CBI court here.

Besides naming Jagan Mohan Reddy and his auditor V Vijayasai Reddy, the CBI has also named Andhra Pradesh`s minister for major industries J Geetha Reddy, former minister Dharmana Prasada Rao and some IAS officers like Ratna Prabha, Sam Bob, M Samuel, as well as suspended IAS officer B P Acharya. The CBI has also named Sham Prasad Reddy, the promoter of the Indu Group, in its charge sheet against LKH.

They have been charged by the CBI in the Jagan assets case, for making investments as a quid pro quo arrangement, in exchange for alleged favours by the YSR government.

So far, the CBI has filed eight charge sheets against Jagan and others accused in the case. This includes the three charge sheets filed on September 9 against Penna Cements, Raghuram (Bharathi) Cements and India Cements, naming its managing director N Srinivasan.

The Jaganmohan Reddy case relates to alleged investments made by private firms and individual investors in Jagan`s companies as a quid pro quo for government favours when his father, late Y S Rajasekhara Reddy was Andhra Pradesh Chief Minister.

The CBI has accused Jagan of amassing huge wealth through illegal means by misusing the office of his late father YS Rajasekhara Reddy when he was chief minister of Andhra Pradesh between 2004 and 2009.

Presently under judicial custody, Jagan has been lodged in the Chanchalguda Central Prison here since his arrest by the CBI for corruption charges on May 27 last year.

His bail plea will come up for hearing tomorrow.


First Published: Tuesday, September 17, 2013 - 19:08

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