Fresh summons to Jagan, Srinivasan

Fresh summons to Jagan, Srinivasan

A CBI special court on Wednesday served summons on YSR Congress chief Jaganmohan Reddy, BCCI president-in-exile and India Cements chief N Srinivasan and auditor Vijay Sai Reddy and told them to appear before it in connection with a case against the cement firm.

Srinivasan has been named in one of the three new charge sheets filed by the CBI in the special court on September 10. The charge sheets have been filed against three companies: India Cements, which is promoted by Srinivasan, Penna Cements and Bharathi (Raghuram) Cements.

The investigation agency said India Cements invested up to Rs 140 crore in Jagan Reddy’s companies as a quid pro quo for water allotted to its plants in Nalgonda and in Tandur, when his father Y S Rajasekhara Reddy was the chief minister of Andhra Pradesh.

India Cements is already listed as an accused in an FIR filed in 2011 and Srinivasan has been interrogated twice by the CBI in this case. The CBI, however, has not named Andhra Pradesh IT Minister Ponnala Lakshmaiah in the charge sheet.
Lakshmaiah, who was the irrigation minister in YSR cabinet, was also questioned last year with regard to the water allocated to India Cements. With this, the number of charge sheets filed in the case so far has gone up to eight.

A CBI counsel told reporters that the remaining charge sheets would be filed in two to three days.
In a related development, V Vijay Sai Reddy, at present lodged in the Chanchalguda central prison, on Wednesday approached a special CBI court here seeking bail a day after Jagan’s release. Sai, now in judicial custody, moved an application through his counsel seeking bail.

“The trial has not yet commenced and in any case, it is likely to be protracted. In these circumstances, it would be in the interest of fair play and justice that the petitioner (Vijay Sai) be released on bail,” the plea said.