Monday, May 13, 2013

CBI court summons all accused in Jaganmohan Reddy\'s assets case on June 7

May 14, 2013 Hyderabad:-

A CBI special court summoned all 13 accused, including Andhra Pradesh Home Minister Sabitha Indra Reddy, in a disproportionate assets case against YSR Congress chief Jaganmohan Reddy to appear before it on June 7.

The court took the step after taking cognisance of the fifth charge sheet filed by CBI in connection with the case against Jaganmohan Reddy.

On April 8, the CBI had filed the fifth charge sheet about the alleged role of Dalmia Cements and other firms in the case of alleged quid pro quo deals against Jaganmohan and others, naming Jagan, besides 12 other individuals and firms.

Sabitha is the third minister from Andhra Pradesh to figure in five charge sheets filed by CBI in connection with properties allegedly amassed by Kadapa MP Y S Jaganmohan Reddy which are allegedly disproportionate to his known sources of income.

The fifth charge sheet pertains to alleged investments made by Dalmia Cements and two other cement firms, namely Eeswar Cements and Raghuram Cements, in businesses promoted by Jagan who is currently lodged in Chanchalguda Central Jail.

CBI alleged that Dalmia Cements was allotted limestone mines in Andhra Pradesh during Y S Rajasekhara Reddy\'s rule at a throw away price.

Sabita, who held the portfolio of mining minister during YSR rule, was charged with misuse of office as a public servant in granting the limestone mining lease to the extent of 407.05 hectares to Dalmia Cements in Kadapa district in 2008 for 30 years.

Dalmia Cements and other cement firms were under CBI scanner for alleged benefits they alleged received in the form of limestone mines in return for investments in Jagan-promoted companies.

CBI has charged these firms with making investments to the tune of several crores in Jagan-owned entities.

Others accused include Jagan\'s aide Vijay Sai Reddy, Dalmia Cements Managing Director Punit Dalmia, suspended IAS officer Y Srilakshmi and the then Andhra Pradesh Director of Mines V D Rajagopal, among others.

In its four charge sheets filed earlier, CBI alleged that Jagan and his father, former AP Chief Minister Y S Rajasekhara Reddy, had hatched a conspiracy to defraud the government.

According to the charge sheets, the state government granted favours to certain firms which made investments at a very high premium in Jagan\'s businesses as a quid pro quo.
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