CBI Seeks 14-Day Custody of Jagan

Hyderabad: The CBI on Monday sought 14 days custody of Kadapa MP Jaganmohan Reddy, saying it needed to question him further in the disproportionate assets case.

Mr. Reddy, who was arrested on Sunday, was produced before a CBI court in Hyderabad on Monday.

Seeking 14 days police remand, senior CBI counsel Ashok Bhan alleged that the YSR Congress chief “sent (bribe amount) abroad and got it reinvested in his business through hawala racket”.

“Jagan never cooperated in the investigation during the three-day questioning period in true sense,” the CBI counsel alleged.

“Jagan can no longer masquerade as a victim of CBI probe. He cannot assail CBI for being victimised. He has hoodwinked the people of a huge sum of money. We will now show the people about his swindling of money. He cannot seek public sympathy He has deprived poor people and caused them irreparable loss and in turn enriched himself by dubious mechanism by sending the funds abroad and getting the same invested in his companies,” the counsel alleged.

The CBI has charged Mr. Reddy under Sections 120-B (criminal conspiracy), 420 (cheating), 409 (criminal breach of trust) and 477A (falsification of accounts) of the Indian Penal Code and Section 13 of the Prevention of Corruption Act.