Court to hear third bail plea of Reddys

A CBI court here will on Friday take up the bail pleas of former Karnataka minister Gali Janardhana Reddy and B V Srinivas Reddy who are arrest in connection with an illegal mining case.

Last Updated: Nov 11, 2011, 09:39 AM IST

Zeenews Bureau

Hyderabad: A CBI court here will on Friday take up the bail pleas of former Karnataka minister Gali Janardhana Reddy and B V Srinivas Reddy who are arrest in connection with an illegal mining case.

The two had twice previously applied for the bail but their plea was rejected by the court. The investigating agency, CBI, is expected to file the chargesheet in the alleged illegal mining case of Obulapuram Mining Company (OMC) involving Gali Janardhana Reddy and Srinivas Reddy.

However, the counsel for Reddys sought bail on the grounds that majority of the investigation (by the CBI) into the case was over and his clients were in remand for over two months and would not influence the witnesses.

The CBI, probing illegal mining and irregularities in allotment of leases to OMC, had arrested Janardhana, who owns OMC and his brother-in-law Srinivas, on September 5 from Bellary in Karnataka.

The duo has been remanded in judicial custody till November 14 and lodged in a jail here. The court had earlier rejected their bail pleas on September 13 and had handed them over to CBI custody for interrogation till September 19.

While on September 30, the court while again dismissing the bail petitions of Reddy had also dismissed the agency’s petition which sought custody of both the accused for nine more days. CBI Joint Director Hyderabad Zone) V V Lakshmi Narayana had recently said that a chargesheet would be filed soon (within 90 days after the arrests) in the OMC case.

With PTI inputs