The CBI which is probing the quid pro quo investment case against YSR Congress chief YS Jaganmohan Reddy filed one more supplementary chargesheet on Monday. It is a supplementary chargesheet to the first chargesheet filed by the CBI in April 2012, having additional evidence (statements of witnesses) to make V Vijay Sai Reddy, an accused in the case and also an auditor of the Kadapa MP, over his role in the transactions, CBI sources said.
Jaganmohan Reddy, his auditor Vijay Sai Reddy and Jagati Publications (owned by the YSR Congress leader) are the accused, charged under relevant sections of the Indian PenalCode in the second chargesheet.
According to the second chargesheet, several investors were lured into making investments in Jagati Publications at high premiums allegedly through "exaggerated and falsified"valuation reports, allegedly at the behest of Vijay Sai Reddy. So far, the CBI has filed five chargesheets since March 31, 2012 and two supplementary chargesheets against Jaganmohan Reddy and other accused, naming three AP ministers in connection with the case relating to alleged quid pro quo investments in the Kadapa MP's companies.
The CBI has alleged that Jagan, along with his father, the former Andhra Pradesh chief minister, the late YS Rajasekhara Reddy and Vijay Sai Reddy, hatched a conspiracy to defraud the government along with other accused....
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11:08 PM, Jun 17, 2013
Hyderabad: A special CBI court in Hyderabad on Monday dismissed the plea of jailed YSR Congress chief YS Jaganmohan Reddy to conduct joint trial of cases filed against him in connection with alleged quid-pro-quo investments made by different entities. The Principal Special Court for CBI cases dismissed the petition as not maintainable and observed that the offences were distinct though the modus operandi was same in the five charge-sheets filed...
01:58 AM, Jun 11, 2013
Hyderabad: The strength of the Andhra Pradesh assembly was reduced by 15 members after nine Congress and six TDP MLAs were disqualified for voting in favour of the no-confidence motion against Chief Minister Kiran Kumar Reddy in March. Most of these MLAs have turned out to be loyalists of YSR Congress President Jagan Mohan Reddy. But sources said their plans to affect bypolls in their constituencies may have failed since...
07:08 PM, Jun 08, 2013
Hyderabad/ New Delhi: YSR Congress chief Jagan Mohan Reddy's judicial remand in the disproportionate assets case comes to an end on Monday. He will be produced before a Hyderabad court later on Monday via video conferencing. The ED had on May 31 frozen fixed deposits worth more than Rs 34 crore of a media firm owned by Reddy in connection with the money laundering probe against him and others. With...
08:38 AM, Jun 03, 2013
Hyderabad: YSR Congress leaders and workers on Tuesday held rallies across Andhra Pradesh against the "unlawful" detention of their party chief YS Jaganmohan Reddy for the past one year. Leading the protest, party honorary president Vijayamma and Jagan's wife YS Bharati sat on a day-long protest at Indira Park in Hyderabad. Party leaders and activists accused the ruling Congress and main opposition TDP of hatching a political conspiracy against Jagan....
01:46 AM, May 29, 2013
Hyderabad: YSR Congress party chief YS Jagan Mohan Reddy, or Jagan as he is popularly called, on Monday completed one year in jail in a disproportionate assets case. The member of Parliament from Kadapa was arrested by the CBI on this day in 2012. The YSR Congress party has announced two-day protests from Monday, over what it calls the continued undemocratic detention of its leader. The party plans to hold...
12:28 PM, May 27, 2013
Hyderabad: Andhra Pradesh Governor ESL Narasimhan on Sunday accepted the resignations of two cabinet ministers who had quit about a week ago. The governor on the advice of the chief minister has accepted the resignations of Home Minister P Sabitha Indra Reddy and Roads and Buildings Minister Dharmana Prasada Rao with immediate effect, a press communique from Raj Bhavan said. "These portfolios will be held by the chief minister until...
07:35 PM, May 26, 2013
Hyderabad: In a further embarrassing twist for the Congress, the CBI has named Andhra Pradesh Home Minister Sabitha Indra Reddy as the fourth accused in its chargesheet in the Jagan Reddy illegal assets case. Reddy is the third minister to be named by the investigative agency. She has been accused of granting mining licenses to private players under YSR Reddy's regime in return for heavy investments in companies owned by...
02:00 PM, May 15, 2013
New Delhi: YSR Congress President Jagan Reddy's judicial remand will end on Monday in the disproportionate assets case. Jagan will be produced before the CBI court through video conferencing. The Supreme Court had earlier rejected Jagan's bail plea. "Jagan's release will hamper the probe in the case which is of high magnitude," said the court in its ruling. The apex court also said that "likelihood of tampering with evidence and...
09:51 AM, May 13, 2013
YSR Congress Chief Jagan Mohan Reddy suffered another disappointment with the SC denying him bail in an illegal assets case. ...
10:29 AM, May 10, 2013
New Delhi: In a disappointing verdict for YSR Congress chief Jagan Mohan Reddy, who has been lodged in a Hyderabad prison for a year in connection with a disproportionate assets case, the Supreme Court on Thursday rejected his bail plea. "Jagan's release will hamper the probe in the case which is of high magnitude," said the court in its ruling. The apex court also said that "likelihood of tampering with...
11:45 AM, May 09, 2013
New Delhi: The Supreme Court is likely to give its order on the bail plea of YSR Congress chief Jagan Mohan Reddy on Thursday. This is the sixth attempt made by Jagan Mohan in a year to get legal relief. He has been in a Hyderabad jail since May 2012 in connection with a disproportionate assets case. On Monday, the apex court had reserved its order on whether Jagan Mohan...
10:28 AM, May 09, 2013
New Delhi: The Central Bureau of Investigation (CBI) is expected to file its response on Jagan Mohan Reddy's bail plea before the Supreme Court on Monday. The YSR Congress chief, who has spent nearly one year in jail in a disproportionate assets case, had moved the SC challenging the Andhra Pradesh High Court's January 24 order refusing to grant him bail in the case. The SC had on April 29...
08:19 AM, May 06, 2013
Hyderabad: A special CBI court on Monday extended till May 13 the judicial remand of YSR Congress president YS Jagan Mohan Reddy and others accused in connection with alleged quid-pro-quo deals in the assets case. Jagan and the others accused, including ex-minister Mopidevi Venkata Ramana Rao, industrialist Nimmagadda Prasada and senior bureaucrat KV Brahmananda Reddy (all accused in Vanpic aspect of the Jagan assets case), who are currently lodged in...
05:21 PM, Apr 29, 2013
New Delhi: The Supreme Court on Monday issued notice to the Central Bureau of India (CBI) seeking its response on the bail plea of YSR Congress leader Jagan Mohan Reddy in a disproportionate assets case. A bench headed by Justice P Sathasivam asked the agency to file its response and posted the case for hearing on May 6. Jagan Mohan has moved the apex court challenging the Andhra Pradesh High...
02:43 PM, Apr 29, 2013
Vijayawada: CPM politburo member Sitaram Yechury said in Vijayawada on Sunday that the UPA government should reveal the names of those involved in the coal scam. "The government should reveal the names of the people involved in the coalgate scam. The resignation of either Prime Minister Manmohan Singh or Law minister Ashwani Kumar would not serve any purpose unless names of the people involved in it come out," Yechury said....
12:14 AM, Apr 29, 2013
Hyderabad: An Andhra Pradesh minister's remark calling for hanging of jailed MP YS Jaganmohan Reddy has sparked a furore with the latter's YSR Congress party on Saturday staging protests against him across the state. YSR party leaders staged demonstrations in various parts of the state, burning the effigies of Finance Minister Anam Ramnarayan Reddy, who demanded on Friday that Jaganmohan Reddy be hanged for corruption. Jagan, as the MP from...
07:49 PM, Apr 13, 2013
Hyderabad: Opposition parties in Andhra Pradesh have called for a statewide bandh on Tuesday even after the government provided some relief from the steep hike in electricity prices. The shutdown has been supported by the main opposition, the Telugu Desam Party (TDP) and the YSR Congress. The Bharatiya Janata Party, however, has called for a separate strike. Meanwhile, police have shifted YSR Congress leaders, who have been on an indefinite...
07:56 AM, Apr 09, 2013
Hyderabad: YSR Congress on Saturday said with the Congress-led Andhra Pradesh government not responding adequately to the issue of power tariff hike, it would intensify its agitation demanding roll-back in the increase. The party has asked its cadre to "picket all electricity sub-stations besides holding dharnas and taking out rallies in all district headquarters to express solidarity with the party leaders who are on an indefinite fast in Hyderabad". YSRCP...
05:59 AM, Apr 07, 2013
Hyderabad: Opposition parties in Andhra Pradesh have decided to go ahead with their statewide shutdown on April 9 despite the government providing some relief from the steep hike in electricity tariff announced last week. Bowing to pressure from the opposition and also a section of its own leaders, the Congress government exempted consumers using 200 units or less a month from the tariff hike. However, the latest relief from the...
12:24 PM, Apr 05, 2013
