August 18, 2011 7:26 PM

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CBI raids residence, office premises of Jagan Mohan Reddy

In Andhra Pradesh, the CBI officials on Thursday raided the residence and office premises of YSR Congress Party President YS Jagan Mohan Reddy in seven cities across the country. The CBI officials raided Shakshi Telugu Daily, Shakshi TV Channel and Bharti Cement offices in Hyderabad belonging to Jagan Mohan Reddy . The CBI in a press release stated that cases were registered against Jagan Mohan Reddy and others under section 420, 477, 401 and 409 and anti corruption act. CBI also said that the raids would continue on Friday. The CBI also raided the residences of the investors who invested in Jagan's business firms.

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