Wednesday, 9 May 2012

Jagan's party plans to exploit his possible arrest

                                                                 
With the CBI special court in Hyderabad on Monday issuing summons to YSR Congress party president Y S Jaganmohan Reddy in connection with his alleged disproportionate assets case, the focus is now on whether or not the Kadapa MP would be arrested before the commencement of trial.
The CBI has so far filed three chargesheets in the special court in connection with the case, naming Jagan as accused no. 1, and the court took cognizance of the first chargesheet to issue summons to Jagan, asking him to appear personally before the court on May 28.
"That the court has taken cognizance of the chargesheet indicates that the trial into the charges framed against Jagan by the CBI has commenced. And when Jagan appears before the court, he will be provided with a copy of the chargesheet and asked whether he would agree with the charges framed by the CBI. Since he will naturally reject the charges, the court will begin the trial," CBI sources said.
According to the sources, once the trial commences, the CBI would make a request to the court seeking permission to take Jagan into custody and question him. If the court grants permission, the arrest of Jagan would be imminent, sources said.
Interestingly, the CBI special court as well as the high court, while granting bail to Jagan's personal auditor V Vijay Sai Reddy, the accused no. 2 in the case, observed that there was no point in denying bail to the accused no. 2, when the main accused -- Jagan -- was free. The special court sought to know why the CBI was not able to arrest the other accused and whether the agency lacked enough evidence in the case.
"The same question might come up when Jagan appears before the court on May 28. And if the court orders the arrest of Jagan, the CBI's job would become easier," sources said.
Meanwhile, YSR Congress party sources said Jagan would appear before the court on May 28, though initially there were suggestions that he could challenge the summons in the high court on the ground that the CBI could not come out with any evidence to establish the charges against him.
"The court has issued summons to Jagan to personally take the copy of the chargesheet. It does not mean he is guilty. He will definitely go to the court," party spokesman Jupudi Prabhakar Rao said.
Party sources said after obtaining the copy of the chargesheet, Jagan could file a petition in the special court, asking himself to be discharged from the case. He might also move the high court with a quash petition, asking that the case be dismissed as there was no case made out against him.
The YSR Congress party is also contemplating exploiting the latest developments to gain political mileage in the by-elections to 18 assembly seat and one Lok Sabha seat scheduled to be held on June 12.
"The court summons have come at a time when the electioneering for the by-elections has just commenced. And, by the time Jagan appears before the court on May 28, the campaign will reach a feverish pitch. We don't think Jagan will be arrested when he appears before the court, but if it really happens, there will be turmoil in the state and there would be a tremendous sympathy for Jagan. It would ultimately help the party candidates to win the elections," Rao said.
YSR Congress party leaders are planning to mobilize huge crowds to the court on May 28 when Jagan appears before the magistrate, so that there would be big trouble in the city in the event of his arrest.
 from India Today

CBI freezes Jagan accounts as he faces arrest in assets case

                                                                         
The CBI on Tuesday tightened the noose around YSR Congress chief Jaganmohan Reddy in the illegal assets case as it froze the bank accounts of his three major business houses.

This comes amid the arrest threat which looms over Jagan after the CBI special court in Hyderabad issued summons to him in connection with the alleged disproportionate assets case.

The CBI sent letters to the State Bank of India and Oriental Bank of Commerce to freeze all the accounts of Jagathi Publications, the mediahouse which publishes Telugu daily Sakshi, Indira Television which manages the Sakshi Telugu TV channel and Janani Infra Private Limited, the real estate and infrastructure company owned by Jagan.

The CBI has so far filed three chargesheets in the special court in connection with the disproportionate assets case, naming Jagan as the main accused. The court took cognisance of the first chargesheet to issue summons to Jagan on Tuesday, asking him to appear before the court on May 28.

'That the court has taken cognisance of the charge sheet indicates that the trial into the charges framed against Jagan by the CBI has commenced. And when Jagan appears before the court, he will be provided with a copy of the chargesheet and asked whether he would agree with the charges framed by the CBI. Since he will naturally reject the charges, the court will begin the trial,' CBI sources said.

According to them, once the trial starts, the CBI would make a request to the court, seeking permission to take Jagan into custody and question him. If the court grants permission, Jagan's arrest would be imminent, they said.

The CBI special court as well as the high court, while granting bail to Jagan's personal auditor V. Vijay Sai Reddy, the other accused in the case, observed that there was no point in denying bail to the accused no. 2 when the main accused (Jagan) was free.

The court sought to know why the CBI was not able to arrest the other accused and whether the agency lacked enough evidence. 'The same question might come up when Jagan appears on May 28.

And if the court orders Jagan's arrest, the CBI's job would become easier,' sources said. YSR Congress sources said Jagan would appear before on May 28, though initially, there were suggestions he could challenge the summons in the high court on the ground that the CBI did not have any evidence against him.
from Daily Mail

Jagan's Sakshi TV moves court to defreeze accounts

                                                                      
New Delhi: Kadapa MP and YSR Congress president YS Jaganmohan Reddy's Jagathi publications has moved the CBI court on Wednesday seeking to defreeze their bank accounts. The Court has asked the CBI to file a reply by Thursday.
Earlier, reacting to the CBI's closure of the Current Accounts of the Group's organisations, the Sakshi group called it an attempt to gag the media and free speech. It denied the charge that Saakshi is being used to park ill-gotten wealth.
"Freezing of media company accounts is an attempt to gag the media and free speech. CBI's charge that Sakshi is being used to park ill gotten wealth is false. This act will adversely affect the livelihood of over 20,000 people. The assets case is pending before various courts including the Supreme Court. Sakshi is one of the largest selling newspapers in India with a daily circulation of 14.5 lakhs Sakshi TV is a leading news channel. We request other media organisations to protest this act," it said.
Andhra Pradesh Kiran Reddy said, "the CBI will continue to do its job. Parties or media have got nothing to do with this."
The CBI had on Tuesday approached the banks for freezing the accounts of Jagati Publications and Indira TV, owned by Jaganmohan Reddy. The move by the agency had come a day after a special CBI court in Hyderabad issued summons, directing Jaganmohan to appear before it on May 28 in a disproportionate assets case.
from IBN Live

State government misrule caused bypolls, says Jagan

                                                                        
The YSR Congress president, Mr Y.S. Jagan Mohan Reddy, alleged that the style of functioning of the Congress government cau-sed present bypolls in the state.
Mr Jagan conducted roadshows at Ballaguddam, Kalluhola, Govindawada and Dargah Nannur villages in Bommanahal mandal as part of byelection campaign in Rayadurgam Assembly constituency in Aanantapur district on Tuesday.
Speaking on the occasion, Mr Jagan alleged that government miserably failed in solving problems of the poor, farmers and labourers and vexed with the style of functioning of government, MLAs in favour of YSR had voted against the government.
The YSR Congress president said as the MLAs were disqualified bypolls were being conducted.
Mr Jagan said that YSR Congress candidate in Rayadurgam Kapu Ramachandra Reddy had resigned for people’s welfare and urged people to vote for him.
He said that the YSR Congress would give importance to BCs and in the next general elections Anantapur and Hindupur Lok Sabha tickets would be given to them.
Mr Jagan urged people not to entertain the Congress and the TD leaders coming with money bags.
from DC

CBI freezes Sakshi a/c

                                                                                           
The CBI on Tuesday froze the accounts of Jagati Publications Ltd, publisher of Sakshi newspaper, Indira Television Ltd that owns Sakshi TV and Janani Infrastructure — firms belonging to Kadapa MP Y.S. Jagan Mohan Reddy. The CBI superintendent of police H. Venkatesh has written letters to the State Bank of India and Oriental Bank of Commerce ordering the freezing of accounts of the firms.
In the notice sent to SBI’s Banjara Hills branch, the CBI has said that during the course of its investigation it has come to light that Jagati Publications, Janani Infrastructure and Indira Television represented by their director Y.S. Jagan Mohan Reddy and others have parked “ill-gotten money received from criminal activities in the account”.
Mr Venkatesh said, “Under the guise of funds for conducting business, the ill-gotten money from various sources is deposited in the bank accounts.” The CBI has asked the banks to intimate the action they have taken and details of the amounts frozen.
Jagati got Rs 1,246 cr from firms
Y.S. Jagan Mohan Reddy owned, Jagati Publication’s current account (30318135971, 30252659825) and Indira Television’s account (30769357760) have been frozen. The notice was issued under Section 102 of the CrPC which empowers police officers to seize any property that creates suspicion of the commission of any offence. The same has to be informed to the magistrate having jurisdiction. The CBI has so far filed three chargesheets in the assets case of Jagan Mohan Reddy in which Jagati Publications represented by Jagan is one of the accused. It is alleged that Jagati Publications got around Rs 1,246 crore from companies which were benefited in various ways by the YSR government.
A case was also booked against Indira TV but a chargesheet is yet to be filed. In the chargesheets already filed, the CBI has explained the flow of funds from ERES and TWC of the Ramky group into Jagati Publications. The CBI has alleged that Rs 9.99 crore has been invested in Jagati by ERES and TWC as a return for favours granted to it by the then government.
From DC