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Jagan moves SC seeking stay of CBI probe

Former Congress leader Y S Jagan Mohan Reddy moved the Supreme Court seeking a stay on the Andhra Pradesh High Court order for a preliminary probe by CBI into alleged disproportionate assets accumulated by him.



New Delhi: Former Congress leader Y S
Jagan Mohan Reddy on Tuesday moved the Supreme Court seeking a stay
on the Andhra Pradesh High Court order for a preliminary probe
by CBI into alleged disproportionate assets accumulated by
him.

Jagan, son of late Chief Minister Y S Rajasekar Reddy,
after being denied the top post in the state, has floated his
own YSR Congress Party on whose symbol he and his mother won
Kadapa Lok Sabha and Pulivendla assembly seats in recent
by-polls.

The petition has challenged the July 12 high court
order arguing it was "illegal" "erroneous" and "unsustainable"
and deserves to be quashed. It is likely to be listed for
hearing tomorrow.
Jagan contended the High Court did not have the
jurisdiction to order a preliminary CBI probe on a
"politically motivated" petition.

He has sought quashing of the High Court order which
directed CBI to submit its report in two weeks.

The High Court had passed the order on the petition
filed by Andhra Pradesh Textiles Minister P Shankar Rao
accusing Jagan of amassing huge wealth using his late
father`s position as chief minister.

Rao had filed the petition before becoming the minister.

The High Court had said it will decide on the issue of a
full-fledged inquiry based after the preliminary report from
CBI.
The minister accused the Kadapa MP of money laundering by
floating fictitious firms and routing the black money through
some companies in Mauritius.

Rao had alleged that Jagan`s income, which was only Rs
11 lakh in 2004, had gone up to Rs 43,000 crore.

TDP leader K Yerran Naidu and others had also filed
similar petitions seeking CBI probe into Jagan`s wealth.

The High Court had also ordered a similar kind of
inquiry into the alleged irregularities in a land deal between
the Andhra Pradesh Industrial Infrastructure Corporation
(APIIC) and Emaar Group.

Shankar Rao alleged large scale irregularities took
place over the transfer of land from the APIIC to Emaar-MGF, a
subsidiary of Emaar Group.

PTI

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