Jagan Reddy moves SC challenging AP HC order

Former Congress leader Y S Jaganmohan Reddy has moved the Supreme Court challenging the Andhra Pradesh High Court`s order directing CBI to have a thorough inquiry against him for his alleged disproportionate assets.

Last Updated: Aug 17, 2011, 21:54 PM IST

New Delhi: Former Congress leader Y S
Jaganmohan Reddy has moved the Supreme Court challenging the
Andhra Pradesh High Court`s order directing CBI to have a
thorough inquiry against him for his alleged disproportionate
assets.

Jaganmohan Reddy, son of late Chief Minister of Andhra
Pradesh Y S Rajasekhara Reddy, has moved the apex court
challenging the August 10 order of the High Court, saying it
was not a reasoned decision.
The High Court, in its order, had directed CBI to take
their probe into the case to its logical end.

The High Court`s order came on a petition filed by state
handlooms and Textile Minister P Shankar Rao who had alleged
that Jagan’s income rose from Rs. 11 lakhs in 2004 to Rs.
43,000 crore by the time of his father`s death in 2009.
Rao, in his petition, had sought a CBI inquiry into the
companies that had invested in Jagan`s businesses to allegedly
win favours in the form of land allotments and mining leases
from the then government led by Y S Rajasekhara Reddy.

The High Court had set aside the arguments of Jagan?s
counsel that the petitioner has political vendetta against him
and said the contention of the petitioner needs to be
appreciated.

PTI