Monday, 2 April 2012

More trouble for Jagan Mohan Reddy?

                                                                       
According to sources on Monday  the CBI will be filing more chargesheets against Kadapa MP YS Jaganmohan Reddy in the illegal assets case. CBI sources said that a series of chargesheets would be filed regarding investments by certain companies in Raghuram cements.

The source said, “Jagan would feature in all these chargesheets which would be filed within the next two months.”

The CBI has already filed a preliminary chargesheet a few days ago.

What is also known now is that considering that it is a politically volatile case the CBI does not want to effect an arrest on its own and is hoping that Court will take cognisance of the situation and issue a summons and then ask the CBI to take Jagan Mohan Reddy into judicial custody.
The bypolls in 16 of the 17 seats are necessitated by the disqualification of Congress MLAs, who switched loyalty to Jagan and voted against the Congress Government in a floor test held in December last year, while another MLA quit in support of Kadapa MP.

Earlier the YSR Congress party and Jagan Mohan Reddy lashed out at the CBI saying that Jagan Mohan Reddy is being singled out and hasn’t been questioned even once. Reddy also added that he had absolutely no role in the allegations that have been made by the CBI.

A day after CBI filed the chargesheet against him and 12 others, Reddy, the Lok Sabha MP from Kadapa, regretted that attempts are being made to malign his father and late Andhra Pradesh Chief Minister Y S Rajasekhara Reddy who was killed in a helicopter crash.

In its chargesheet, CBI accused Jagan Reddy of getting investments of several crores from firms into his own business as part of quid-pro-quo when his father was the chief minister.

Considering that the case is one which is politically volatile and will also have political implications the timing of the arrest is what the CBI is looking at.
Maintaining that the YS Rajasekhar Reddy's regime made land allotments for employment generation purposes, Kadapa MP Jaganmohan Reddy has questioned as to why the CBI did not look into allotment of lands made during the previous TDP rule.

Reacting to the CBI charge sheet filed in the illegal assets case involving him, Jagan, while speaking at his 'Odarpu Yatra' here last night, defended the land allotments during his late father's regime. "The lands were allotted to private companies in backward Mahaboobnagar and Medak districts to generate large scale employment," he said.

"Why the CBI cannot see the land allocation in the heart of Hyderabad allegedly made by TDP chief N Chandrababu Naidu at throw away prices and also during the present Congress government," he asked.

Meanwhile, unfazed by the developments in the case involving him, Jagan is going ahead with campaign in Assembly segments where bypolls will be held. He is scheduled to tour Narsapuram and Polavaram
constituencies in West Godavari district from today. These two assembly seats are among the 17 constituencies where the by-elections are due.

"I am being made a scapegoat just because my father is no longer alive...You are actually trying to malign someone who is no longer alive...This is dirty politics," Reddy told TV channels in his first reaction to the chargesheet.

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