Economy

Disproportionate assets case: Jagan moves bail plea

PTI Hyderabad | Updated on March 12, 2018 Published on November 16, 2012

Jailed YSR Congress leader Y.S. Jaganmohan Reddy today moved a bail application in a special CBI court here in connection with a disproportionate assets case against him.

The Kadapa MP, now under judicial remand and lodged in the Chanchalguda Central Prison here since his arrest on May 27 by the CBI on corruption charges, filed two separate petitions in the court seeking bail.

This is the second bail plea of Jagan in the CBI court here after it had earlier dismissed the bail plea on June 1, on the ground that he (being an MP and president of a political party) was in the position to tamper with evidence and influence the witnesses.

The Supreme Court too on October 5 had dismissed Jagan’s bail plea in the alleged multi-crore disproportionate assets case against him.

A Bench of Justices Aftab Alam and Ranjana Prakash Desai ruled that Jagan can apply for bail only after the CBI completes its investigation in all the seven other cases lodged against him.

The CBI has accused Jagan of getting huge investments from various individuals and firms into his businesses as quid-pro-quo for the favours granted by the Government when his father (late Y.S. Rajasekhara Reddy) was the Andhra Pradesh Chief Minister.

Published on November 16, 2012
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