CBI searches Jagans properties in five cities
CBI searches Jagans properties in five cities
HYDERABAD: In a dawn-to-dusk operation, 15 teams of the CBI fanned out across Hyderabad and carried out searches at the residences..

HYDERABAD: In a dawn-to-dusk operation, 15 teams of the CBI fanned out across Hyderabad and carried out searches at the residences and properties of Y S Jagan Mohan Reddy and at premises belonging to some government officials and business houses that invested in the MP’s companies.They are said to have seized trunkloads of documents, some reportedly of an “incriminating” nature.The young MP was away in Krishna district conducting his Odarpu Yatra. Armed with search warrants issued by a local court yesterday, the sleuths searched the house of principal secretary (home) B P Acharya and offices of a few corporates in connection with two different cases: one concerning investments in Jagan’s businesses and the second relating to the building of a township by Emaar Properties in a joint venture with the AP Industrial Infrastructure Corporation.  Simultaneous searches were conducted at Jagan’s offices and properties in New Delhi, Bangalore, Mumbai, Chennai, Rajkot and Kolkata. The searches will continue Friday.At the crack of dawn, CBI teams knocked on the door of Acharya’s Marredpally residence. Next, CBI joint director V V Lakshminarayana, the teams swooped down on Jagan’s palatial property near Lotus Pond and his sister Sharmila’s house in Jubilee Hills. They also raided the office of his newspaper Sakshi and the residence of Vijay Sai Reddy, vice-president of Jagati Publications. The sleuths collected any document they spotted there.Simultaneous raids were conducted at the offices of the Hetero group, Bharati Cements, RR Global, Sandur Power, Carmel Asia Holdings and an office belonging to Lagadapati Sridhar, brother of Vijayawada MP Lagadapati Rajagopal, offices and residences of businessman Nimaggadda Prasad. However, the CBI’s local chief Lakshminarayana, who visited some of the search sites, refused to divulge details of the findings.Supporters of Jagan protested at various places in the state.

What's your reaction?

Comments

https://ugara.net/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!