Saturday May 25th 2013

CBI summons on YS Jaganmohan Reddy; Court rejects plea to defreeze Sakshi TV accounts

The CBI on Monday served summons on YSR Congress leader YS Jaganmohan Reddy which was issued by a court last week seeking his appearance in an alleged illegal assets case.

YS Jagan Mohan Reddy, who is campaigning for the Andhra Pradesh by-election next month, received CBI officials at his home in te Yemmiganur town of Kurnool district.

YS Jagan Reddy has been directed to appear in person or through his lawyer before the principal special judge for CBI cases in Hyderabad at 10.30 a.m. on May 28.  He  recently told a television channel that he would choose to attend the hearing himself.

YS Jagan’s father, YS Rajashekar Reddy, died in a helicopter crash in September 2009, while he was chief minister. The CBI says that YSR offered favours and licenses to companies that invested in Jagan Mohan’s businesses.

The Andhra Pradesh High Court in August last year ordered the CBI to investigate the source of Mr Reddy’s vast wealth.

Jagan Mohan Reddy, who is campaigning for the Andhra Pradesh by-election next month, received CBI officials at his home in te Yemmiganur town of Kurnool district, around 300 km from Hyderabad. They delivered to the politician summons issued by a court last week which make it necessary for him to appear on May 28 in court to answer charges of corruption.

Mr Reddy has been directed to appear in person or through his lawyer before the principal special judge for CBI cases in Hyderabad at 10.30 a.m. on May 28.  He  recently told a television channel that he would choose to attend the hearing himself.

Mr Reddy’s father, YSR Reddy, died in a helicopter crash in September 2009, while he was chief minister. The CBI says that YSR offered favours and licenses to companies that invested in Jagan Mohan’s businesses.

The Andhra Pradesh High Court in August last year ordered the CBI to investigate the source of Mr Reddy’s vast wealth.

Court rejects plea to defreeze Sakshi TV accounts

A special CBI court on Monday dismissed a petition by YS Jaganmohan Reddy’s Jagathi publications to defreeze the bank accounts of Sakshi TV.

The publication had on May 9 filed the plea, following which the court had asked the investigating agency to file a reply.

Earlier, reacting to the CBI’s closure of the Current Accounts of the Group’s organisations, the Sakshi group had called it an attempt to gag the media and free speech. It had denied the charge that Sakshi was being used to park ill-gotten wealth.

The CBI had on Tuesday last approached the banks for freezing the accounts of Jagati Publications and Indira TV, owned by Jaganmohan Reddy. The move by the agency had come a day after a special CBI court in Hyderabad issued summons, directing Jaganmohan to appear before it on May 28 in a disproportionate assets case.

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