CBI serves notices on Jagathi, Carmel Asia

August 22, 2011 13:09
CBI serves notices on Jagathi, Carmel Asia

Jagathi PublicationsEven as the CBI officials have begun analyzing the hard disks, documents and files seized from their raids and searches on YSR Congress president YS Jaganmohan reddy’s companies and on the companies which invested crores in Jagan group, the investigating agency today served notices on the CEOs of Jagathi Publications and Carmel AsiaHoldings seeking an explanation into the flow of investments into their companies.

The CBI has already submitted an interim report of the raids to the CBI court in Hyderabad on Saturday and will file a final report on Wednesday.

Sources said that CBI may serve notices on Jagan in a day or two for seeking explanation for the investments obtained from various companies and individuals who obtained favours from the government. He is likely to be arrested later on.

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