June 5, 2012 1:44 PM

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CBI continue questioning Jagan Reddy in assets case

The CBI is questioning Kadapa Lok Sabha Member Y S Jaganmohan Reddy who was arrested in connection with the disproportionate assets case against him, on the third day today in custody. The Central Investigating Agency has brought the Kadapa MP from Chanchalguda Central Jail to the CBI Office in Hyderabad amidst tight security arrangements to continue its interrogation.

Our correspondent reports that a team of CBI officials continue questioning the Kadapa MP in the presence of two advocates following the High Courts gave him for custody till Thursday. The CBI officials have also called an MLA and one of his senior managers for today’s third day interrogation. It had questioned the Kadapa MP for last two days further probing the disproportionate assets case against him especially about the investment flow into his companies. Jaganmohan Reddy has been facing charges of conspiring with his father Y S Rajasekhar Reddy who was then the Chief Minister of Andhra Pradesh to dole out favors to various industries in return to the huge investments in his companies.

He was arrested on 27th last month and presently lodged in jail in Hyderabad on judicial remand till 11th of this month. Lakshmi, airnews, Hyderabad .

Meanwhile, the CBI has also summoned on Thursday another Minister Ponnala Lakshmaih to its office in connection with the assets case over issuing GOs. Lakshmiaih was then the Major Irrigation Minister and issued a GO allotting water from the reservoirs to the companies which allegedly provided investments to Jaganmohan Reddy’s companies

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