Jaganmohan Reddy
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Kadapa MP and YSR Congress president Y.S. Jaganmohan Reddy will be questioned by the Central Bureau of Investigation (CBI) for two days in connection with the alleged disproportionate assets case.

Justice B. Chandra Kumar of the Andhra Pradesh High Court on Friday granted the petition of the CBI to grill the YSR Congress president for two days. He will be questioned by the CBI from 10.30 a.m. to 5 p. m in the presence of two advocates.

The CBI had filed a petition before the High Court to take Jaganmohan into custody for two more days after his five-day police custody ended on Thursday (June 7).

Jaganmohan Reddy, son of former Andhra Pradesh chief minister Y.S. Rajasekhara Reddy, was arrested on May 27 after being grilled by the CBI for three days over illegal assets case. Prior to the arrest, he was questioned by the intelligence agency in the presence of industrialists Nimmagadda Prasad and senior official KV Brahamandna Reddy, who were arrested earlier in connection with the illegal assets case.

Jagan has been booked under the sections 120 B (Criminal Conspiracy) read with 420, 468 (Forgery), 409 (Criminal Breach Of Trust), 477/A (Falsification of Accounts), Prevention of Corruption Act (1980) 13/1 and 13/2.

However, Jagan has claimed that he is being targeted by the ruling Congress, the Telugu Desam Party (TDP) and the CBI as by-elections are scheduled to take place in the state this month. He added that some political parties are trying to put an end to his political career.

The CBI has also summoned Board of Control for Cricket in India (BCCI) chairman N Srinivasan in his capacity as the Managing Director of India Cements Ltd., to appear before the agency next week in connection with Jagan's disproportionate assets case.

In its FIR, the CBI claimed that India Cements Ltd. invested Rs 1.35 billion in Jaganmohan's firms Jagati Publications and Bharati Cements in exchange for huge water allocations. Penna Cements reportedly invested Rs 680 million and Dalmia Cements invested Rs 950 million in Jaganmohan's firms in return for limestone mines allotment.

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