Jagan is prime beneficiary: CBI

April 10, 2012 09:54
Jagan is prime beneficiary: CBI

The Central Bureau of Investigation that is probing YS Jaganmohan Reddy illegal assets case on Monday said that many deceiving facts came to light in Kadapa MP YS Jaganmohan Reddy’s illegal assets case in their investigation.

The CBI stated that the prime beneficiary in this illegal assets case is Jagan himself while Vijayasai Reddy had been the mediator.  Talking about investigation and charge sheet, CBI stated that investigation into Hetero Group and Aurobindo Group was completed so far and charge sheet had been filed based on those investigations only, added CBI.  Further, it has stated that many charge sheets would be filed in future pertaining to this case and each charge sheet would be filed as and when investigation on particular subject concludes.  Meanwhile, CBI Court has looked into the bail petition filed by Vijayasai Reddy. 

CBI court has, however, turned down the arguments of Vijayasai Reddy who stated that there was no inflow of investments into Jagati Publications when he was a director of the company and that he has no connection with the things that happened after he stepped down from the post. When CBI advocate pointed out investments in Jagati Publications, the counsel of  Vijayasai Reddy  objected and stated that investments’ matter was not mentioned in the charge sheet. He urged the court to include the same in charge sheet. (Phani)

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