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CBI files charge sheet against Jagan, 12 others in assets case

After investigation of nearly six months, the Central Bureau of Investigation on Saturday filed charge sheet against Kadapa MP and YSR Congress president Y S Jagan Mohan Reddy and 12 others in the disproportionate assets case.

The probing agency filed its charge sheet against Jaganmohan Reddy, his financial advisor Vijay Sai Reddy and 11 others, including individuals and firms, in the CBI Special Court at Nampally. The agency made Jagan as the prime accused and have slapped Sections 120, 120B, 420, 468 and 409 of Prevention of Corruption Act against him. Jagan now faces the charges under the sections 120 B (Criminal Conspiracy) read with 420, 468 (Forgery), 409 (Criminal Breach Of Trust), 477/A (Falsification of Accounts), Prevention of Corruption Act (1980) 13/1 and 13/2.

In its 68-page charge-sheet, the CBI has cited 263 documents and 66 witnesses. The documents were brought to the court in two trolleys.

The CBI named Jagathi Publications vice-chairman and Jagan’s financial advisor Vijay Sai Reddy as the second accused followed by suspended IAS officer BP Acharya and Jagati Publications, which runs Sakshi newspaper, as the co-accused. The agency charged Vijay Sai Reddy with offences of criminal conspiracy, cheating and under other provisions of IPC.

It may be recalled that the CBI has issued FIR in August 2011 against Jagan and 73 others including some companies and individuals who invested in the companies promoted by Jagan at very high premiums as a quid pro quo to the favours doled out by former Chief Minister Y S Rajasekhara Reddy under his son’s influence.

The CBI has named 13 accused in the case including Vijay Sai Reddy who has already been arrested.

The other accused in the case in descending order are Aurobindo Pharma (A3), Hetero Drugs (A4), Trident technologies (A5), Srinivasa Reddy (A6), Nityananda Reddy (A7), Chandrasekhar (A8), B P Acharya (A9), Yaddanapudi Vijayalakshmi Prasad (A10), Chandramouli (A11), Jagathi Publications (A12) and Janani Infra (A13).

Earlier, the court has directed the CBI to file the charge sheet before April 2 which the probing agency did two days before the end of deadline. (INN)

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