CBI Summons India Cements MD Srinivasan in Jagan Case
posted on Jun 8, 2012 @ 12:08PM
The CBI investigating the Jagan illegal assets case has summoned BCCI chief and India Cements managing director N Srinivasan to appear before it next week. CBI is probing the alleged investments made by Srinivasan's company India Cements in the companies promoted by YS Jagan Mohan Reddy during the tenure of his father YS Rajshekhara Reddy as chief minister.
The CBI has also asked officials of some other cement companies to appear for questioning, they said. Sources said the cement companies could be asked about water and limestone allocations made during the tenure of Rajashekhara Reddy as chief minister. The CBI, in its three charge sheets filed against Jagan and others, has alleged that he and his father had hatched a conspiracy to defraud the government with Jagan influencing Rajasekhara Reddy in doling out certain favours to various investors, who made investments in Jagan's businesses. Jagan is currently in judicial custody till June 11 and has been questioned by the CBI.