Jagan fate sealed in CBI report

July 26, 2011 16:49
Jagan fate sealed in CBI report

jaganThe CBI officials of Hyderabad today a submitted a sealed cover preliminary report to the state high court after conducting a 2-week rigorous exercise of investigation into the alleged illegal accumulation of wealth by the YSR Congress chief Mr. YS Jaganmohan reddy.

The officials also submitted another report to the high court on the alleged land scam of the Emaar group. According to sources, the CBI was said to have found prima facie proof to substantiate the allegations to proceed further against Jagan.

Two CBI officials, in order to avoid being spotted and chased by the media, went the High Court Registrar office on an ordinary scooter and handed over the sealed reports to the Registrar.

The high court, after considering as sue motto petitions letters written by Minister Sankara Rao, ordered the CBI on July 12 to conduct investigation and submit a preliminary report on the Sankara Rao’s allegations that Jagan had resorted to money laundering and accumulated wealth through illegal means during the regime of his late father YSR.

The High court has clubbed the petitions of Sankara rao with those of the TDP leader Yerram Naidu and a Kadapa based-lawyer and asked the CBI to investigate and submit the report with in two weeks.

Jagan filed three special leave petitions (SLPs) in the Supreme Court seeking stay of the High Court order but the apex court refused to grant stay and interfere with the high court directions.

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