CBI officials `evaluate` Jagan’s Hyd residence

A CBI team, assisted by Andhra Pradesh government officials, continued evaluating the bungalow of YSR Congress chief YS Jagan Mohan Reddy, located in plush Jubilee Hills area here for the fourth consecutive day on Monday.

Updated: Oct 24, 2011, 18:18 PM IST

Hyderabad: A CBI team, assisted by Andhra
Pradesh government officials, continued evaluating the
bungalow of YSR Congress chief YS Jagan Mohan Reddy, located
in plush Jubilee Hills area here for the fourth consecutive
day on Monday.

The team conducted evaluation of Jagan`s bungalow after
collecting the building plan and other related documents from
the Greater Hyderabad Municipal Corporation (GHMC).

"The process of evaluation of the building near Lotus
pond has begun and is yet to be completed," a CBI official
said.

The central agency is probing the investments allegedly
made by various firms in the businesses of Jagan during the
tenure of his father and chief minister late Y S Rajasekhara
Reddy.

The teams also took measurements and gathered other
details pertaining to the residence of Sharmila, sister of
Jagan, which is located in the same building compound near
Lotus pond.

A CBI official said the assessment of the building
housing the residences of both Jagan and Sharmila is still
underway.

Meanwhile, CBI said it had no objection to share the
documents in its possession concerning the investigation
into Jagan`s assets.

CBI was responding to a petition filed by the Income Tax
Department in Bangalore seeking access to the documents the
investigating agency had seized during its various searches
earlier.

PTI