YSR Congress Chief Jaganmohan Reddy
A special Central Bureau of Investigation (CBI) court in Hyderabad today posted the case of alleged quid pro quo investments involving the firms of YSR Congress chief Y S Jaganmohan Reddy, to August 11th.
Jagan, who represents the Pulivendula assembly seat in Kadapa district of Andhra Pradesh, and other accused including former ministers Sabitha Indra Reddy, Dharmana Prasada Rao and Mopidevi Venkataramana Rao, also appeared before the Principal Special Court for CBI cases here in connection with different aspects of the case.
Arguments on the charges pertaining to the first charge sheet filed in the case, was supposed to start today in the court. However, one of the accused Hetero filed a discharge petition after which the judge posted the matter to August 11th.
The first charge sheet was filed against Jagan and 12 others on March 31, 2012 in the issue relating to allotment of land to the tune of 75 acres each to Hetero Group of Companies and Aurobindo Group.
Some senior IAS officers and industrialists who are among other accused in the different charge sheets filed in connection with the case also appeared before the court. The CBI has filed ten charge sheets in the case.
The case pertains to alleged investments made by various private firms and individuals to the tune of several crore rupees in Jagan's businesses, as part of quid-pro-quo arrangement in exchange for alleged favours by the erstwhile YS Rajasekhara Reddy (YSR) Government in the state.
The CBI has accused Jagan of amassing huge wealth through illegal means by misusing the office of his father YSR, when he was the Chief Minister of Andhra Pradesh between 2004 and 2009.