CBI freezes Jagan's bank accounts

Stunned by the search and seizure operation on Jagan’s properties and that of several industrialists who invested in his companies, the 20-odd  Congress MLAs and MPs met at the office of the YSR Congress here on Friday.

The CBI on Friday frozen operation of 25 bank accounts in HDFC and ICICI belonging to some companies under question and also the Jagati publications.

“Searches may take a few more days as we have to question officials in some companies whose documents we found during the raids,” said a CBI official. They said the search operations continued in many offices and documents and computer hard disks were secured for examination and processing.

“We have also seized several mobile SIM cards found in the possession of corporate officials of Jagati publications besides that of Bharati Cements and Hetero Drugs,” said a source in the CBI.

V V Lakshminarayana, the joint director of the CBI, heading the investigations said the search operations might last a few more days as they were yet to question officials of several other companies involved with the Y S Jagan and EMAAR deals.

The CBI continued raids on the offices of a mining company at Bayyaram in Khammam district and also that of Harita Fertilizers in Nalgonda town belonging to Ravindranath Reddy, a cousin of YSR.

As the CBI drive continued for the second day at the offices of Jagan’s homes in Kadapa, Pulivendula and also offices at Mumbai and Delhi, advocates of Jagan made a vain bid to procure a copy of the FIR filed in the court.