Illegal assets case: CBI files another chargesheet

July 03, 2012 15:34
Illegal assets case: CBI files another chargesheet

Central Bureau of Investigation, which is probing Jaganmohan Reddy's illegal assets case, has filed an additional chargesheet in the case. In the new chargesheet, CBI filed the activities of Hetero Drugs and its connection with the illegal assets case. CBI has mentioned that Hetero Drugs allegedly invested RS. 35 crore as bribe. It may be noted that Jaganmohan Reddy is the prime accused in the illegal assets case.

The illegal assets case is apparently one of the big cases handled by the CBI. The case deals with alleged irregularities by the then Andhra Pradesh Government run by late YS Rajasekara Reddy. The CBI argued that Jaganmohan Reddy allegedly used undue influence of his father to dole out favours to certain companies, which in turn invested in the companies run by YS Jaganmohan Reddy as a gratitude.

It may be noted that Jaganmohan Reddy is currently at Chanchalguda jail under judicial custody. His judicial custody will come to an end on July 4.

AW Phani

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