The CBI will be filing more chargesheets against Kadapa MP Y.S. Jagan Mohan Reddy as it will bring more companies, which had made quid pro quo investments in his companies, under the ambit of the illegal assets’ case.
Sources in the CBI said that a series of charges-heets would be filed regarding investments by Dalmia and India Cements in Raghuram Cements, Pioneer Infra of Penna Group that was awarded the Jalayagnam projects, the Sandur Power Company investments, the alleged fictitious companies in Kolkata, Vanpic-Nimmag-adda Prasad etc. They added that Jagan would feature in all these chargesheets which would be filed within the next two months. Stating that the chargesheet against Vanpic would one of the last ones, a CBI investigator said, “The ‘accused number’ will be changed in the multiple chargesheets. Almost all of them are ready and we will be filing them one by one.” The recent Comptroller and Auditor General’s report, which accused the government of giving away land cheaply, has come as shot in the arm for the CBI. “We will file the CAG and IT reports as evidences in these chargesheets. The Income-Tax report has already been quoted in the first chargesheet,” said a CBI official. Senior advocate C. Mallesh Rao said, “There is no bar for the CBI on filing further chargesheets in the case. Not mentioning this in the first chargesheet will not stop CBI from filing further chargesheets as per CRPC.”
When contacted, CBI Superintendent of Police H. Venaktesh, who is also the prime investigating officer in the case, said, “The chargesheet filed by the CBI regarding the Aurobindo and Hetero violations was only the first one. There are different conspiracies in the entire case.”
Investigations by the CBI has revealed that Dalmia and India Cements had invested `95 crore in Raghuram cements (Bharati Cements, formerly promoted by Mr Jagan Mohan Reddy).
“Dalmia was given a limestone mining lease of 407 acres in Kadapa in 2008 and India Cements got its lease renewed in Kadapa and was also given permission to draw lakhs of gallons of water from the Krishna River,” said the official.
Meanwhile, Pioneer Infrastructure Holding Limited, owned by Mr Penna Pratap Reddy, was awarded the Jalayagnam contracts and a mining lease for limestone in Tandur.
The company also benefited from the relaxation of building regulations for star hotels. As a quid pro quo, the group had invested around `88 crores in firms belonging to Mr Jagan Mohan Reddy.