Press Esc to close
Tuesday 25 April 2017
News updated at 2:24 AM IST

Janardhana Reddy's chopper now in OMC custody

Hyderabad, Jan 22, 2013, DHNS : 0:16 IST
The Central Bureau of Investigation (CBI) special court here on Tuesday granted interim custody of the Bell-407 helicopter to Obulapuram Mining Company (OMC), owned by former Karnataka tourism minister Gali Janardhan Reddy currently in jail in connection with an illegal mining case.

The helicopter is lying in an aerodrome in Bangalore.

The court, however, directed the CBI to give the chopper’s interim custody to OMC after production of a personal bond for Rs 6.62 crore, after verifying the evaluation reports of the chopper.

The court asked OMC to produce a third party surety offering security of the immovable property for the said amount in favour of the court.

As per the court’s directions, the company has to produce the purchase bill of the chopper and not alienate, transfer, encumber or change the physical state of the helicopter.

The CBI had earlier opposed the release of the chopper and some luxury cars owned by Janardhan Reddy and OMC’s Managing Director B V Srinivas Reddy.

The Reddys in February 2012 approached the special CBI court seeking release of the chopper and some cars that were seized by the investigating agency after their arrest pleading that the expensive chopper and cars require periodical maintenance.

However, CBI objected handing over of the helicopter and cars as they were bought in the name of the OMC and Reddys purchased them with “ill-gotten” money that was made in the mining scam.

Last September the CBI court had permitted the family members of Gali Janardana Reddy to collect the expensive Rolls Royce car CBI sleuths had seized when they arrested the former mining baron. The court then directed them to deposit an amount of Rs. 2.45 crore for getting possession of the car.

Go to Top

Photo Gallery
Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Injured CRPF being brought to Raipur for treatment on Monday follwing a Maoist attack at Burkapal ..

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

Police in action students who were throwing brick bats on them during clashes in the vicinity of ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

LJP activists take part in a candle light vigil to pray for CRPF jawans lost their lives in a ...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Remains of the iconic Hall of Nations structure at Pragati Maidan in New Delhi on Monday...

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Cricketer Sachin Tendulkar being greeted by his fans on his 44th birthday at his residence in Mumbai

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

Girl students pelt stones at security personnel during clashes in the vicinity of Lal Chowk in ...

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

College girls shout slogans at a protest against the recent police action on students, in Srinagar..

Potato farmers holding a protest over their various demands including proper cold storage ...

Potato farmers holding a protest over their various demands including proper cold storage ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

A man holds his head in despair after grains got drenched in rains at a market in Bikaner on ...

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Woakes jubiliate with his teammates after the dismissal of Stuart Binny

Like us on Facebook

Copyright 2017, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
Powered by Yodasoft Technologies Pvt. Ltd.