ED seeks copy of Jagan chargesheets

The ED has sought permission from the special court for CBI cases to obtain copies of the second and third chargesheets filed by the CBI in Kadapa MP Y.S. Jagan Mohan Reddy’s illegal investments case and the supplementary chargesheet filed in the Emaar scam case.

The CBI, in its 88-page thi-rd chargesheet has named Jagan, Vijay Sai Reddy, IAS officer G. Venkat Ram Red-dy, Ramky Group chairman Ayodhya Rami Reddy, Jaga-thi Publications and Ramky Pharma India Ltd as accu-sed in the case.

The CBI has alleged that Ramky had invested Rs 10 crore in Jagathi as quid pro quo for benefits acquired from the then government headed by Jagan’s father, the late Y.S. Rajasekhara Reddy. The second chargesheet focuses on the inv-estments made by industrialists A.K. Dandamudi and Madhav Ramachandran in Jagathi.

The chargesheet also alleges that Jagan and Vijay Sai falsified valuation report to procure investme-nts. An amount of Rs 35 crore received from the two industrialists is part of the Rs 1,246 crore which has come from other sources.

The special court for CBI cases has taken into cognisance the second and third chargesheets and filed them as separate cases. Summons have been issued to all the accused to appear before court on June 11.

The CBI on April 24 had filed a supplementary chargesheet regarding the Emaar scam naming Shravan Gupta, managing director of Emaar MGF, businessman Sunil Reddy and G.V. Vijay Raghav, head of finance, Emaar MGF (South) as accused.

The court, taking cognisance of the supplementary chargesheet, has issued summons to the accused and a non-bailable warrant against Shravan Gupta.

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