Advertisement
This Article is From Nov 02, 2011

Jagan Mohan to be interrogated by CBI on Saturday

Jagan Mohan to be interrogated by CBI on Saturday
Hyderabad: Jagan Mohan Reddy has been asked to meet the CBI on Saturday to explain whether he has any business links to former Karnataka minister G Janardhana Reddy.    

One of three powerful brothers who own a mining empire in Bellary, Janardhana was arrested in September after the CBI said that it had evidence that establishes a mining firm co-owned by him violated multiple laws.

The CBI is likely to question Jagan Mohan about Red Gold and R.R. Global Enterprises which the agency believes serve as conduits between Jagan Mohan Reddy and Janardhana's Obulapuram Mining Company (OMC). Red Gold and R.R. Enterprises are registered at the same address as the address of Jagan Mohan's company, Jagathi Publications which owns the famous Sakshi newspaper.

Jagan Mohan is also being investigated separately for corruption. The CBI has alleged that his father, YSR Reddy, who was one of Andhra Pradesh's most popular chief ministers, had granted licences and contracts to companies who invested in different businesses owned by Jagan.

YSR died in a helicopter crash in 2009 while he was in office. His death forced a divide between his party, the Congress and Jagan, who was upset about not being named his father's successor. After a long and public revolt, Jagan launched his own party named the YSR Congress.

Jagan is one of India's richest politicians. He represents his father's constituency, Kadapa, in the Lok Sabha. Before he won his election in May, he declared assets worth Rs 365 crore - a massive increase from 2009, when he had said his assets totalled Rs 77 crore.
Listen to the latest songs, only on JioSaavn.com