Published On: Wed, Mar 29th, 2017

CBI seeks cancellation of Jagan’s bail

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New Delhi, Mar 28 (PTI) The CBI has sought cancellation of bail of YSR Congress chief Jagan Mohan Reddy for allegedly trying to influence a crucial witness in a corruption case registered against him six years ago.
The agency has moved an application in this regard at a Special Court in Hyderabad.
The court was informed on Friday that Reddy was trying to influence a key prosecution witness in the case, CBI sources said.
It was alleged in the case registered in 2011 that Reddy had influenced his father, the then Chief Minister, to favour some private companies, the sources said.
CBI had alleged in the FIR that investors had put in money in the companies owned by Reddy at a premium which was allegedly a bribe in return for favours doled out to companies by his father YSR Reddy who was Chief Minister of Andhra Pradesh.
Reddy was given bail in 2013 with a warning from the court not to tamper with evidence or influence witnesses.
The agency moved the trial court on Friday with bail cancellation plea.
Reddy had split from Congress after his father’s death forming his own party YSR Congress.
CBI had registered a case against Reddy on the instructions of Andhra Pradesh High Court for alleged cheating, criminal conspiracy, criminal breach of trust and corruption.
Acting on separate petitions filed by then minister P Shankar Rao and TDP leader Yerran Naidu, the Andhra Pradesh High Court had ordered CBI to probe the alleged illegal assets that the then Kadapa MP had amassed during his father’s tenure as Chief Minister.

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