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Relief for Jagan as court refuses to cancel bail
A special CBI court on Friday dismissed the Central agency\'s plea seeking cancellation of YSR Congress chief Y S Jaganmohan Reddy\'s bail in cases related to alleged quid pro quo investments in his companies.
Hyderabad: A special CBI court on Friday dismissed the Central agency's plea seeking cancellation of YSR Congress chief Y S Jaganmohan Reddy's bail in cases related to alleged quid pro quo investments in his companies.
The CBI had last month sought cancellation of Jagan's bail alleging that he had violated the conditions by trying to influence a crucial prosecution witness.
The investigating agency had in its petition before the principal special judge submitted that case witness and former Chief Secretary P Ramakanth Reddy, during his interview to a newspaper and a TV channel owned by Jagan, made "unwarranted observations and comments contradictory to the statements" given before the CBI.
The court, not only dismissed the agency’s petition, but also allowed Jagan’s plea seeking permission to go on a holiday with his family for 15 days between May 15 and June 15.Ramakanth Reddy was the Chief Secretary during the chief ministership of Jagan’s father Y S Rajasekhar Reddy and the CBI had questioned him as one of the witnesses in the disproportionate wealth case, as it suspected that he was aware of the flow of investments into Jagan’s companies from other business houses who got benefited from YSR government as part of quid pro quo deal.
However, Jagan, in his counter affidavit, refuted the charge, stating that he had nothing to with Ramakanth Reddy’s interview to Sakshi television channel, which is run by Indira Television Limited, and not Jagati Publications, which has been made party to the disproportionate assets case.
“As such, I was in no way connected with the interview. Sakshi had conducted the interview as part of its professional duty. All that Ramakanth Reddy had stated was in response to various questions asked by the correspondent,” he argued. The court agreed with Jagan’s contention and dismissed the CBI petition.
The CBI had arrested Jagan in the disproportionate assets case on May 27, 2012 and filed 11 charge sheets against Jagan and others. It charged that various companies and individuals had made huge investments in Jagan’s business empire when his father Y S Rajasekhar Redddy was the chief minister.
