Jagan Assets Case: AP Home Minister In CBI Chargesheet

Andhra Pradesh Home Minister Sabita Indra Reddy was today named by CBI as one of the accused in its fifth chargesheet in connection with the disproportionate assets case against YSR Congress chief Jagan Mohan Reddy.

The agency filed its fifth chargesheet before a Special CBI Court here naming Jagan and naming 12 other individuals, and firms.

Sabita is the third minister from the state to figure in five chargsheets filed by CBI in connection with properties allegedly amassed by Kadapa MP Y S Jagan Mohan Reddy which were disproportionate to his known sources of income.

The others made accused include Jagan’s aide Vijay Sai Reddy, Vice-President Dalmia Cements Punit Dalmia, IAS officer Y Sri Lakshmi and the then Director Mines in Andhra Pradesh V D Raja Gopal among others.

The 62-page document pertains to alleged investments made by Dalmia Cements and two other cement firms–Eeswar cements and Raghuram Cements in businesses promoted by Jagan who is currently in jail.

CBI alleged that Dalmia Cements was allotted limestone mines in Andhra Pradesh during YS Rajasekhara Reddy rule at a throw-away prices. Sabita Indra Reddy had held the portfolio of mines minister during the YSR rule.

Sitting Minister Dharmana Prasada Rao and former Minister Mopidevi Venkata Ramana Rao, who is now in judicial custody, were also named as accused in cases against Jagan.

All the three had held Ministerial berts in the state cabinet headed by Y S Rajasekhara Reddy (2004-09), the period during which his son Jagan is accused of amassing illegal wealth.

The chargesheet, which cites 53 documents and 43 witnesses, has been and filed under relevant sections of IPC and Prevention of Corruption Act.

Dalmia Cements and other cement firms were under CBI scanner for alleged benefits they got in the form of limestone mines in return for investments in Jagan-promoted companies. The probe agency has charged these firms with making investment to the tune of several crores in Jagan-owned entities.

Srilakshmi is a former Secretary of Mines Department, while Rajagopal headed the AP Mining Development Corporation. Both are also accused in the OMC illegal mining case involving former Karnataka Minister Gali Janardhan Reddy.

The agency, in its four chargesheets filed earlier, has alleged Jagan and his father had hatched a conspiracy to defraud the government.

According to the chargesheets, the state government granted favours to certain firms which made investments (at a very high premium) in Jagan’s businesses as a quid pro quo.

Jagan, arrested on 27 May last year, is currently in judicial remand and lodged at the Chanchalguda Central Prison here.

CBI had earlier told the Supreme Court that it would complete investigations in the Jagan case by March 31, 2013. After failing to meet the deadline, the agency said it would expedite its probe.