Janardhana Reddy`s bail plea hearing to continue

Janardhana Reddy and his brother-in-law and firm`s managing director Srinivasa Reddy were arrested by the CBI on Monday.

Hyderabad: After hearing the arguments on the bail petitions of former Karnataka minister G Janardhan Reddy
and managing director of Obulapuram Mining Corporation (OMC) B
V Srinivas Reddy, the court here Friday adjourned the hearing to September 12.

The special CBI court is expected to pronounce the order at the next date after the arguments end.
Janardhan Reddy and his relative, Srinivas Reddy, were
arrested by CBI on September 5 at Bellary in Karnataka in
connection with alleged illegal mining.

Both are presently in the judicial custody and lodged at Chanchalguda Central Prison.
The CBI registered the case against the company on
December 7, 2009 at the request of Andhra Pradesh government
in the wake of allegations of illegal mining and
irregularities in allotment of mining leases to OMC in
Obulapuram and Malpanagudi villages of Anantapur district of
the state.

The agency`s lawyer, seeking 15-day custody of the two
accused, today contended that CBI needed to interrogate them
as OMC had "violated" several norms and illegal mining was
worth crores of rupees.

However, defence counsels submitted that CBI had not
produced any evidence to back its demand of custody.


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