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Jagan Illegal Assets Case: CBI Sets Yet Another Booby trap
Updated : Jul 3, 2012
In the latest chargesheet, the CBI has described activities of Hetero Drugs and its connection with the illegal assets case. CBI has mentioned that Hetero Drugs allegedly invested Rs. 35 crore as 'quid-pro-quo' in anticipation of illegitimate benefits from Jagan's father and former chief minister late Dr. YS Rajasekhar Reddy's government. It has also been mentioned that several other smaller companies have invested in Jagan's companies either in anticipation of favours or out of fear from Jagan Mohan Reddy. The CBI contended that still it has to probe into many more such investments and it would file more chargesheets in the days to come. The chargesheet also contains about the necessity of Jagan Mohan Reddy's availability in further investigation of the case, it is said.
Incidentally, Jagan's judicial remand ends tomorrow on 4 July, 2012. At this juncture, filing of a supplementary chargesheet by the CBI is seen as an attempt to curtail Jagan's chances of getting bail in the near future. Observers are curiously waiting for the outcome of Jagan's mother and YSRCP honorary president YS Vijayamma's meeting with Prime Minister Manmohan Singh in Delhi today.