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CBI to Make Arrests in Jagan, Emaar Cases

The Central Bureau of Investigation (CBI), which is probing the financial misdeeds alleged to have been committed by Kadapa MP YS Jagan Mohan Reddy, has a huge task as it has listed out instances of quid pro quo investments spanning five years between 2004 and 2009 when his father, YS Rajasekhara Reddy, was the chief minister. According to the CBI, most of the money was disguised and routed through purchase of shares in various holding companies floated by Jagan, namely Sandur Power Limited, Carmel Asia Holdings Private Limited, Silicon Builders Private Limited, Jagathi Publications Private Limited, Indira Television Private Limited and Bharathi Cements Corporation Limited. Jagan owes his growth in personal networth and investments post 2004 to some of these companies. Coming to Jagan's companies, the FIR quoting the petitioners alleged that Sandur Power that runs a 22.5 Mw hydel power plant in Karnataka has been used by him to pump in his corrupt money. “While its total worth could not have been more than Rs 150 crore, its shares were sold to various companies and persons at huge premiums with the objective of receiving bribes and routing the illegal wealth,” it said. Nimmagadda Prasad, whose company is involved with Vanpic, a huge port-cum-industrial corridor project, alone paid Rs 140 crore to Sandur Power by purchasing shares at a premium of Rs 650 per share. A total of Rs 797 crore was allegedly raised by Jagan in Sandur Power, some of which came from a couple of Mauritius companies currently non-existent, according to the FIR. Apart from this, Prasad, Sridhar, Penna group and India Cements among others have made investments in Carmel Asia Holdings Private Limited, a holding company of Sandur Power, by subscribing to the shares at a huge premium. Prasad also invested Rs 244 crore through various companies in Bharathi Cement promoted by Jagan along with Dalmia Cement and India Cements among others. Firms and individuals that put Rs 844.13 crore in Jagathi Publications include Hetero Group, India Cements, Potluri Varaprasad of PVC Ventures, Nimmagadda Prasad, Penna Cements, Lanco and Sajjala group, which acquired equity by paying huge premium, according to the CBI. Basing on these findings and relative evidences in Jagan and Emaar cases, the CBI is planning to interrogate all the accused and make arrests if necessary, inform the sources.

Jagan Camp MLAs: Numbers Likely to Swell

The showdown of strength has begun between the Congress government and YSR Congress Party in the wake of CBI raids on Jagan and his associates. According to sources, the YSR Congress party is planning its own counter-offensive by ensuring that the resignations tendered by all 29 Congress MLAs are accepted. They are also hoping to get more MLAs to resign. Ministers and MLAs from Chittoor, the home district of the Chief Minister, Mr N. Kiran Kumar Reddy, are being lured to resign, sources informed. The names being sounded are those of Mr Peddireddy Ramachandra Reddy, Mr G. Kutuhulamma and Mr Shajahan - all Congress MLAs from Chittoor district who are likely to resign within a week, sources said. Sources in the YSR Congress say that a minister from the Telangana region, who is not on good terms with the CM, has been asked to get more MLAs to resign. All 29 legislators who have resigned are expected to become members of the YSR Congress in the next few days in order pressurise the Speaker to accept their resignations. "We will wait for the Speaker's announcement for one or two days, thereafter we take YSR Congress membership and submit a letter to the Speaker to recognise us as legislators belonging to the YSR Congress party," a source said. They also plan to meet the Governor and inform him of the circumstances that led to their resignations. They may even submit a letter withdrawing their support. They have also planned to tour the districts by bus from September 2 after paying homage to the late Dr Y.S. Rajasekhara Reddy on the eve of his second death anniversary.

Disbanding Starts in Jagan Camp

If sources are to be believed, already cracks have started in Jagan Mohan Reddy camp. It is learnt that apart from seeking monetary compensation, some of these MLAs are not ready to settle for anything less than the YSR Congress party ticket and expenditure for the next election. It is not yet been confirmed whether Jagan agreed to these demands or not, but few MLAs even wanted a written guarantee from Jagan pertaining to their demands. Sources say, this has certainly infuriated the YSR Congress chief. Meanwhile three MLAs who did not submit resignation on Monday, Konda Sureka, Jayasudha and Kunja Satyavati, were asked to submit their resignations afresh as the Speaker office has clarified that their previous resignations were rejected. After this information reached Jagan who is on Odarpu yatra in Krishna district, he asked party leaders to secure fresh resignations from these three and submit them at the Speaker Nadendla Manohar’s office before he returns to Hyderabad. But all three are learnt to have refused on the pretext that they would be in trouble if they give resignations for the sake of Jagan when the Telangana sentiment is at its peak. Moreover, sources say that Konda Surekha did not submit her resignation even in specified format. So is the case in respect of the other two MLAs. But Surekha, instead of giving another copy of resignation, is trying to divert attention by saying that she would approach the court over the Speaker not accepting her resignation. While two MLAs from Guntur and Prakasam districts have asked Jagan to settle their land disputes with another legislator, three from coastal districts demanded immediate 'financial help' stating they have not received any funds from the state for the last one year as they are sailing with Jagan.

TDP MLA Alleges Jagan Paid 20 Cr to Each MLA

Mylavaram TDP MLA Devineni Umamaheswara Rao alleged that YS Jagan Mohan Reddy paid Rs 20 crore to each MLA who tendered his resignation. As many as 26 MLAs submitted their resignations protesting against mentioning of former chief minister YS Rajasekhara Reddy in the FIR filed by the CBI as part of its probe into assets of his son Jagan Mohan Reddy. Speaking to newsmen here, Umamaheswara Rao said Jagan amassed a huge wealth through corrupt means when his father was the chief minister. The illegally earned money was used to buy these MLAs as part of the game plan to destabilise the Congress government in the state. "It is not the first time that YSR's name has figured in FIRs. In all, 21 cases were filed against YSR between 1989 and 2004," said TDP MLA.

CBI Report Unfolds Jagan Bogus Companies

During its recent raids on the business premises of YS Jagan Mohan Reddy and those of his investors, the CBI has unearthed many bogus companies, which have invested in Jagan Mohan Reddy's enterprises. The CBI has now concluded that these companies were 'paper companies' just created for funneling investments. According to CBI sources, the address of Artilligence Bio Innovations Limited, Kirti Electronic Systems Pvt. Limited, Stocknet International Limited, Bay Inland Finance Pvt. Limited, New Outlook Securities Limited and Shakti Ispat Products Pvt. Limited are same. They are officially located at Suit No.5,6 and Flat No.202, Nityananda Nagar, Bakultolia, Howrah. When CBI officials launched searches, they found that there was no company operating from that address. Local inquiries revealed that no such companies ever existed at that address. So, CBI was forced to conclude that these companies are bogus, an official said. The addresses of Delton Exim Pvt Limited, Bhasker Fund Management Limited, Gromoor Fund Management Co.Limited was also listed to be the same: 48/A, Block C, New Alipore, Kolkata -53. Not surprisingly when CBI sleuths visited the place, there were no such companies existing at that location. Cliftons Pearson Exports and Agencies Limited, Ganga Builders Pvt. Limited, Super Finance Limited and Shivalakshmi Exports Limited were also found to have listed their address at 102, Stephen House, 4 BBD Bag (E), Kolkata – 01. When CBI tried to contact the companies and their owners, it found that only one person sitting at the said premises. Further investigations by the CBI revealed that Jagan firms Artilligence Bio Innovations Limited, Kirti Electronic Systems Pvt. Limited, Stocknet International Limited, Bay Inland Finance Pvt. Limited, New Outlook Securities Limited and Shakti Ispat Products Pvt. Limited have no offices of their own. It was found that with the permission of the owner of the premises, these 'paper' companies used them as their address. But they had no office there. Notices sent by CBI to these companies during preliminary inquiry were not answered, said sources in the CBI. With regard to Hingora Finvest Pvt.Limited whose address is listed as Shivaji Raje Scheme, B-10/14, Mhada, 101, Ekta Nagar, Malad West, Mumbai – 400062 there was more confusion. There is no premises that matching with the given address. When officials tried and contacted residents in the neighbourhood, they were equally flummoxed. For Moon Enterprise Pvt. Limited, the address was given as 443, 4th floor, Kiran Kung, Tank Road, Malad (W) Mumbai -400064. During the investigation, it was found that one Pradip Parikh was living at that address with his wife and two daughters, in a 540 square feet flat. Parikh told officials that his company had no investment in Jagati publications and expressed his ignorance about existence of Moon Enterprise. 'There are dozens of companies without any credentials or address. But all of them invested crores of rupees in Jagati Publications," said CBI sources. In case of the two companies based in Hyderabad, Eres Project Pvt.Limited and TWC Infrastructure Pvt. Limited, letters sent to these address were returned unserved. Two promoters of Eres Projects Company: E Rajasekhar Reddy and E Srinivasa Reddy issued a cheque on A/c no. 008010200058362 of Axis Bank for Rs 8 crore. But the amount was actually transferred from Ramky Estates and Farms Pvt. Limited a company promoted by Ayodhya Rami Reddy who executed several municipal and infrastructure projects during the YSR regime. "When the Axis Bank cheque was issued, the Eres project company's bank balance was Rs 5031 and after the transaction, it was Rs 4536.80 and during 2007-08 the company had not earned any income," said sources. With regard to TWC Infrastructure Pvt Limited, two persons who claimed to be the directors of the company has issued Axis Bank cheque under the account No.008010200058371 for Rs 2 crore to Jagati Publications on December 31, 2007. The funds sourced from transfer of funds on the same day from Ramky group of companies and after the cheque realized, the bank balance of TWC Infrastructure was Rs. Nil! Only three transactions were done by TWC Infrastructure during its entire bank operation and the majority of funds are from Ramky Group of companies. "More names are likely to be added in the FIR. We have submitted a report on the searches to the CBI special court," said VV Laxminarayana, CBI joint director.

Jagan Makes Dent in TDP Stronghold

Jagan's 'odarpu yatra' has been from the beginning drawing good support from the andhra region much to the chagrin of the Congress. Now it is TDP that got the shock of Jagan mania. Contrary to the calculations of political pundits, most of the Kamma-dominant villages in Mailavaram constituency in Krishna district virtually waited for several hours for a glimpse of YSR Congress chief Y S Jaganmohan Reddy on Sunday. The people, particularly from Chowdary community, rallied around Jagan and virtually did not allow him to go out of their villages till he visited their colonies. Even Jagan camp was surprised by the massive turnout from villages considered to be the stronghold of TDP district chief Devineni Umamaheswara Rao. Turnout at Kavulur, Chevutur and Paiduripadu villages was a surprise as people from the Kamma community ran out into the streets and stopped his convoy. "The crowdturnout at Kavulur, Chevutur and Paiduripadu villages had left us speechless," admitted a YSR Congress leader.

Jagan, EMAAR Case: CBI Tells Banks to Freez Accounts

The Central Bureau of Investigation after its extensives raids on YS Jagan Mohan Reddy owned companies and also that of his investors, has identified 25 Bank accounts. As per the agency, these bank accounts belong to the various alleged beneficiaries including Y S Jaganmohan Reddy. The CBI is said to have written to the banks including HDFC and ICICI requesting them to freeze all transactions with immediate effect. Highly placed CBI sources said the letter to the banks clearly instructs them to halt all the transactions until further notice from the investigating agency. "We want to verify whether there were any fraudulent transactions and to halt the possibility of withdrawal of funds from these accounts. The CBI has drafted in experts from the banking sector to decipher these identified accounts over the next few days," said the sources. The sources also indicated that most likely the accused - Jaganmohan Reddy, Vijay Sai Reddy, Nimmagadda Prasad and B P Acharya will be summoned to appear before the CBI and answer to the charges that have been slapped against them. However, the sources didn't confirm about planning any arrests in the next few days. Confirming that the searches and seizures on the various individuals and entities figuring in the list of accused in the two cases have yielded crucial information, the CBI official said more names would be included in the FIR after the searches are completed in another 2-3 days. These could include directors of some more companies as well as those politicians and IAS officers who did not figure in the petition on which the AP High Court ordered the probe, but whom the CBI thinks could be involved in the two scams. With CBI filing its FIR, which is a prerequisite for ED, now it is the turn of the Enforcement Directorate and book the accused in the two cases under the Prevention of Money Laundering Act (PMLA) 2005.

Jagan Loyalists in Cong, TDP, PRP Resign En masse

On the very day when 17 MLAs of PRP joined Congress finalizing the PRP-Cong merger, twenty six of its MLAs have resigned from the Andhra Pradesh Assembly over the investigation against Jagan Mohan Reddy. With this the state Congress unit got in to yet another crisis since the en masse resignation of its MLAs from the Telangana region. Though the Congress still holds a majority in the House which has 294 seats, the revolt will certainly affect party morale and fuel the notion that Jagan Mohan exerts significant pull over its partymen in his home state. Apart from 26 Congress MLAs, two legislators of the Telugu Desam Party (TDP) and one of Praja Rajyam Party (PRP) have also resigned taking the total number of resignations to 29. The reason that has fuelled the en masse resignation is the fact that Jagan's father, popular Congress leader YSR Reddy, has been named in the formal complaint filed against Jagan by the CBI. The investigating agency is trying to prove that when YSR was Chief Minister, he used public offices to favour companies who thanked him by investing in Jagan's companies at massive premiums. List of the members resigned: Congress MPs — Mekapati Rajmohan Reddy and Sabbam Hari, the Congress MLAs— Adinarayana Reddy (Jammalamadugu), Alla Nani (Eluru), Amarmnath Reddy (Rajampet), Gurnath Reddy (Anantapur), Balineni Srinivas Reddy (Ongole), Pilli Subhash Chandra Bose (Ramachandrapuram), Siva Prasad Reddy (Darsi), Dharmana Krishnadas (Narasannapet), Srinivasulu (Railway Koduru), Babu Rao (Payakaraopet), Katasani Rambhoopal Reddy (Panyam), Srikanth Reddy (Rayachoti), P Balaraju (Polavaram), D Chandrashekar Reddy (Kakinada), Mekapati Chandramohan Reddy (Udayagiri), M Prasad (Narsapuram), K Chennakeshava Reddy (Yemmiganur), N Sesha Reddy (Anaparthi), Ramakrishna Reddy, Dr Ravi (Puthalapattu), Konda Surekha (Parakal), Jayasudha (Secunderabad), Kunja Sathyavathi (Bhadrachalam), Sucharitha Reddy, Korla Bharathi (Tekkali), Y S. Vijayamma (Pulivendula), Kapu Ramachandra Reddy (Rayadurgam), Shobha Nagireddy (PRP-Nandyal), Nallapureddy Prasanna Kumar Reddy (TDP-Kovvuru) and Y Balanagi Reddy (TDP-Mantralayam).

Jagan Loyalist MPs, MLAs to Resign

Two Congress MPs, 27 Congress MLAs, two TDP MLAs and one PRP MLA, who switched their loyalty to the YSR Congress Party Chief and Kadapa MP, Mr Y S Jagan Mohan Reddy, on Sunday announced that they were quitting the Congress party as well as Assembly membership in protest against the inclusion of late Dr YSR's name in the FIR filed by the CBI in the court. In fact, the Congress MLAs, Ms Konda Surekha and Ms Jayasudha and Ms Kunja Sathyavathi, have already submitted their resignations to MLA posts demanding separate Telangana State. Speaking to the media at the YSR Congress Party office here after a four-hour long meeting of the MLAs and MLCs, the former minister, Mr Pilli Subhash Chandra Bose, said they have decided to submit their resignations en masse in protest against the Congress high command's hostile behaviour against late Dr YSR. He said they will submit resignations to the Speaker, Mr Nadendla Manohar today. Mr Pilli has called upon the Congress leaders, who were claiming themselves as political heirs of late YSR, to come out from the Congress party and join hands with them in order to protect the ideals of YSR. Mr Pilli also said the two dissident TDP MLAs, Mr Nallapureddy Prasanna Kumar Reddy and Mr Y Balanagi Reddy, have also expressed their readiness over phone to submit their resignations to their party and Assembly membership.

Jagan, EMAAR Cases: CBI Issues Notices

As part of its investigation in cases pertaining to YSR Congress chief Jagan Mohan Reddy and "irregularities" in APIIC-Emaar land deal, the CBI on Sunday issued notices to two firms and was in the process of serving notices to other accused, including the YSR Congress chief. The sources said, the central agency was scrutinising the documents and articles including hard-disks that were seized from various office premises, business establishments besides residences during the searches, that were carried out last week at different firms that invested in the business entities of Jagan. "The examination (of accused) process would begin soon. Notices have been issued to an official of Jagati Publications here and another Bangalore-based firm today. More notices will be served from tomorrow against all those who have been listed as accused in both the cases. Notices will also be issued to witnesses," a senior CBI officer said, adding, the agency will also issue notice to Jagan. In the case related to the Emaar deal, the CBI has alleged that BP Acharya, senior IAS officer and former Chairman and Managing Director of Andhra Pradesh Industrial Infrastructure Corporation (APIIC), who is now the state's Principal Secretary (Home), entered into a criminal conspiracy with officials of Emaar Group and unknown public servants to cheat APIIC, to secure a wrongful gain to Emaar.

Cong MLAs Threaten to Quit in Jagan Support

Kicking off yet another crisis for the Kiran Kumar Reddy government in AP, about two dozen MLAs of the party, who are now sailing with YSR Congress chief YS Jaganmohan Reddy, are planning to resign from their posts protesting the CBI raids on Jagan Mohan Reddy and others. 14 MLAs and an MLC held an emergency meeting at Jagan's residence in Hyderabad on Friday to discuss their plan of action. even as they lashed out at the state and Central governments over the manner in which the MP was being targeted in a "political witch-hunt". "We are ready to resign from our posts if the situation arises," the MLAs announced at the end of the meeting even as Jagan, who was on a tour of Krishna district, spoke to them over phone and reportedly asked them to "be prepared". Apart from the 24 Congress MLAs who are planning to quit, the Jagan camp is said to be trying to enlist support of some more MLAs from the Congress to push the Kiran Kumar Reddy government into a deeper crisis. The government is already beleaguered over the Telangana issue with 15 MLAs from the region submitting their resignations for the second time while 12 ministers continue to remain undecided over their plight. It may be recalled that Assembly Speaker Nadendla Manohar rejected resignations of 101 MLAs, including those of 12 ministers, when they were submitted last month. But, the sudden developments related to Jagan have prompted the ruling party MLAs on his side to up the ante and unsettle the Congress government. The Jagan-loyal MLAs have decided to undertake a bus yatra in different parts of the state soon to "expose the nefarious political conspiracy" of the Congress in unleashing the CBI against him.

CBI-FIR Against Jagan Mohan Reddy

The Central Bureau of Investigation, which is conducting raids on the bussiness establishments of Kadapa MP YS Jagan Mohan Reddy and others based on a directive of the Andhra Pradesh High Court, has filed a 28- page FIR in the case. The FIR listed Jagan as number one accused followed by V Vijay Sai Reddy, vice-chairman of Jagati Publications. In all, the FIR named 72 companies and individuals besides directors, promoters of unknown companies, unknown public servants of the state government and "unknown others" as accused in the case under IPC Sections 120 (B) read with 420, 409, 420 and 477 (A). The FIR filed by the CBI alleges that Jagan Mohan Reddy conspired with his father late YS Rajasekhara Reddy and other individuals and companies to "cheat the government of Andhra Pradesh in the matter of granting certain favours". It also alleges that Jagan exercised influence on YSR and other government officials, who issued orders favourable to many companies and that rules were flouted to allot licences for ports, SEZs in return of huge sums of money during 2004-2009. The CBI further charged that Jagan "exercised his influence on his (late) father, then chief minister, and also "unknown public servants" of the state government, who in turn abused their official positions by corrupt or illegal means and issued orders favourable to many companies. The charges relate to criminal conspiracy, cheating, criminal breach of trust, falsification of accounts and criminal misconduct, according to the FIR. "As a quid pro quo, those companies, other unknown companies and unknown persons invested several crores of rupees in Jagati Publications, Sandur Power Company Limited, Carmel Asia Holdings, Bharathi Cement Corporation Ltd and other companies promoted by Jaganmohan Reddy at a huge premium," the CBI FIR said.

CBI Raids on Jagan, EMAAR Properties Continue

The CBI continued the raids on companies and properties owned by Kadapa MP Y S Jaganmohan Reddy for the second consecutive day, today (19-08-11). It also continued searching various premises, as part of its Emaar case investigation. In the city, a 15-member CBI team searched the offices of Brahmani Infotech, Penna Cements, Nimmagadda Foundation, Aurobindo Pharma at Ameerpet, Vanpic at Banjara Hills and RR Globals. The CBI is conducting searches in more than 10 cities across the country.

YSR Congress Terms it Political Vendetta

The YSR Congress on Thursday termed the searches by the Central Bureau of Investigation (CBI) at the residences and company premises of its chief YS Jaganmohan Reddy as "Political Vendetta". Jagan Mohan Reddy, who was on Odarpu Yatra in Krishna district, spoke with some senior leaders and directed them to concentrate on gaining sympathy out of the CBI searches. Reacting sharply to the searches, the fledgling party leaders warned that the Congress would pay a heavy price for the 'witch-hunt'. "People are watching all this with heavy heart. They will teach a fitting lesson to the Congress in the coming days," said MLA Shobha Nagi Reddy. Former minister in YSR cabinet, Balineni Srinvasa Reddy dared the Congress to demand interrogation of all ministers who served in the YSR cabinet. The YSR Congress alleged that in Jagan's case, the CBI authorities were acting with unusual swiftness. Preliminary investigation was completed in two weeks and within a week of getting the High Court orders for a full-fledged inquiry, CBI jumped into fray and began searches on the properties of Jagan and his business associates, they pointed out. Meanwhile, YSR Congress activists held protest demonstrations at several places and burnt the effigies of Congress and CBI. They gathered in large numbers at Jagan's residence at Jubilee Hills.

Jagan Inflated Value of His Companies

At a time when CBI is conducting raids on Jagan companies, a Chennai based firm disclosed that Jagan Mohan Reddy had inflated value of his companies. The Chennai Based firm, which was commissioned by Jagan Mohan Reddy, claims to have estimated the value of three of the YSR Congress chief's companies at Rs 400 crore. The valuation report given by Chennai based Jagadisan & Company shows that Jagan's three companies Jagati Publications Pvt Ltd, Indira Television Limited and Janani Infrastructure Pvt Ltd., were initially valued at Rs. 410 crore, with Jagati at 196, Indira Television at 185 and Janani Infrastructure Private Limited at Rs 29 crore. However, Jagan is believed to have submitted to the I-T authorities that his Jagati Publications alone was estimated by a well-known MNC consulting firm at Rs 3,500 crore and sold the shares of this company at Rs 350 apiece. According to sources, that consulting firm had given only a business plan in which it has displayed a road map for the publication company to becoming the first one in the media to earn operational profits in the first year itself. The sources also claimed that Jagadisan and Company represented by J Prabhakar have given a written understanding to the Registar of Companies that they have valued these companies based on the information passed on by the companies.

Jaganmohan Reddy Continues His Odarpu Yatra

Ignoring the developments at the CBI office in Hyderabad or the FIR filed against him in the assets case, YSR Congress Party president Jaganmohan Reddy continued with his Odarpu yatra in Krishna district on the third day on Wednesday. Jagan looked unruffled as he stepped up his offensive against the government in his public addresses. Enthused by the good turnout of crowds in the villages, Jagan reiterated that he had decided to face the troubles only for the sake of keeping his promise of visiting all those families who lost their kin after the sudden death of his father Y S Rajasekhara Reddy. "My father had taught me a lesson that we should not go back on our promises despite personal problems. I have the confidence of overcoming all the travails with the support of millions of my father's admirers," said Jagan amidst thunderous claps from the crowds and his supporters. Squarely blaming the state government for failing to infuse confidence among the farmers, Jagan said the ryots' crop holiday has brought shame to the state. "The absence of YSR is being felt by the farmers as he would not have allowed such a crisis to happen," he said amidst slogan-shouting by the villagers. He covered only three villages in Vatsavai mandal till the evening, due to heavy congregation of the masses.

CBI Begins Raids in Jagan Mohan Reddy's Companies

The Central Bureau of Investigation, which has reportedly issued FIRs against the Kadapa MP, Mr Y.S. Jagan Mohan Reddy, his investors and former top bureaucrats involved in the case and the Emaar scam, started investigations in earnest on Wednesday.The CBI joint director, Mr V. Lakshminarayana, spent more than two hours in the courts with a judge and indications are that an FIR has been issued against Mr Jagan Mohan Reddy and others for misappropriation and criminal conspiracy under the Money Laundering Act and the Prevention of Corruption Act. The YSR Congress chief’s houses in the city and in Bengaluru and the offices of Jagati Publications Limited including Sakshi media offices, and offices of other companies owned by him as well as that of Mr Nimmagadda Prasad and of around 30 companies are likely to be searched, said sources.The CBI has received permission to search 91 places for both cases involving Mr Jagan Mohan Reddy’s illegal assets and the Emaar scam.In Mr Jagan Mohan Reddy’s case, 52 accused have been named while 17 accused have been named in the Emaar case. Emaar MGF, Emaar Properties Limited PJSC, Emaar Hills Township Private Limited, Stylish Homes Private Limited have also been named in the case. Meanwhile, teams including officials from Visakhapatnam and Bengaluru congregated at the Dilkhusha Guest House in the city on Wednesday and were briefed by the CBI top cops regarding their part in the probe.Sources said that the blistering pace of the CBI probe indicated that the key accused in the Emaar and Jagan cases might be arrested as soon as material evidence was found against them. An FIR has also reportedly been issued in the Emaar case against former APIIC officials and Emaar authorities and beneficiaries.“When it happens we will let you know through a press release,” said a tight-lipped Mr Lakshminarayana. CBI also did not officially confirm the searches. It is not known whether YSR has been named an accused or not. Sources, however, pointed out that a case could be made out only if he was named an accused.Mr Jagan Mohan Reddy has already moved the Supreme Court for a stay order in the probe. CBI Begins Raids in Jagan Mohan Reddy's Companies CBI Begins Raids in Jagan Mohan Reddy's Companies

HC Sets GO 177 Operational

The Andhra Pradesh High Court asked the state government on Tuesday its reasons for not invoking the National Security Act against political parties responsible for calling frequent bandhs and strikes, which were causing tremendous hardships to the public in general and students in particular. The court suspended the operation of a Government Order which had kept GO 177 (that provides for stringent action against striking employees) in abeyance. This means, GO 177 becomes operational with immediate effect. A division Bench comprising Chief Justice Nisar Ahmad Kakru and Justice Vilas V. Afzulpurkar was dealing with six separate petitions challenging the inaction of the government in preventing the frequent agitations and for paying salaries to employees of the Telangana region who had participated in the non-cooperation movement. The Bench was also dealing with petitions challenging the state's inaction in recovering damages caused to public properties during bandhs and agitations from the political parties. On April 13, the government had issued GO 177 to initiate action on employees who had taken part in the pen-down strike and the non-cooperation movement in February this year. However, five days later, it had issued another GO keeping the earlier one in abeyance following protests from Telangana agitators. The Bench granted five weeks to the state to respond on the issues and also to file counter arguments regarding not taking action against the employees who participated in the non–cooperation motion.

TJAC to launch Sakala Janula Samme Today

The Telangana political Joint Action Committee (JAC), comprising TRS, BJP and various pro-Telangana organisations would launch a strike from today in support of the separate statehood demand. The Telangana supporters would hold a rally from the Sundaraiah Vignana Kendram to Indira Park in Hyderabad and hold a dharna there, JAC Convener M Kodandaram told reporters on Tuesday evening. The strike by all sections of people envisages government employees striking work (from September 5) while others taking up different forms of protests, JAC leaders said. The Telangana supporters would hold a rally from the Sundaraiah Vignana Kendram to Indira Park in Hyderabad. The JAC leaders would undertake district, mandal and village level meetings from Thursday to gear up the people for the strike.

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