Srini summoned in Jagan case
The Central Bureau of Investigation special court on Wednesday issued summons to BCCI ex-president and India Cements CMD Mr N. Srinivasan and other accused involved in Mr Jagan Mohan Reddy’s quid pro quo investments case.
The court ordered Mr Srinivasan to appear before it on November 1. Mr Jagan Mohan Reddy has also been asked to appear on the same day. The CBI court took cognisance of the sixth chargesheet filed by the Bureau against Mr Jaganmohan Reddy and others on September 10 in the India Cements conspiracy case. The court also issued a Prisoner Transit warrant against Mr Jaganmohan Reddy’s auditor Mr V. Vijay Sai Reddy, asking jail officials to produce him.
Summons were also issue to the accused, IAS officials Mr B. Samuel, Mr Aditya Nath Das, Raghuram Cements, India Cements represented by Mr Srinivasan, Jagati Publications and Carmel Asia.
The CBI, in its chargesheet, had alleged that India Cements had invested `140 crore into Mr Jaganmohan Reddy’s companies and had received several benefits like permission to use additional water from Kagna and Krishna rivers and renewal of lease of land. Former BCCI president Mr N. Srinivasan, who is involved in several other controversies, has been accused of conspiring with Mr Jagan Mohan Reddy and then chief minister Dr Y.S. Rajasekhara Reddy to get undue benefits for his company, India Cements.
The Bureau has alleged that Mr Srinivasan, the vice-chairman and MD of India Cements based in Chennai, along with the then principal secretary of Revenue, Mr M. Samuel and irrigation department principal secretary Mr Aditya Nath Das, had conspired with Mr Jagan Mohan Reddy and his auditor Mr Vijay Sai Reddy.
The chargesheet read: “Favours were shown to India Cements of Chennai in the form of renewal of lease of land and allotment of water to its plants in Nalgonda and Tandur from Kagna and Krishna rivers by violating norms and procedures in lieu of quid-pro-quo investments made by its managing director to the tune of `140 crore in Jagati Publications, Raghuram Cements and Carmel Asia.”
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