YSRCP leader Y S Jaganmohan Reddy, who was arrested in relation to a disproportionate assets case, filed for another bail in the Supreme Court.
Jagan, who was arrested on 27 May 2012 by the CBI, has been lodged in Chanchalguda Central Jail, Hyderabad. An earlier bail plea by him, filed in October, had been dismissed post the Enforcement Directorate attaching assets worth Rs. 51 crores belonging to companies owned by jagan.
A bench of justices Aftab Alam and Ranjana Prakash Desai ruled that Mr. Jagan can apply for bail only after the CBI completes its investigation in all the seven other cases lodged against him.
The CBI has accused Mr. Jagan of getting huge investments from various individuals and firms into his businesses as quid-pro-quo for the favours granted by government when his father (late Y S Rajasekhara Reddy) was the Andhra Pradesh Chief Minister.
