HYDERABAD: In a setback to suspended IAS officer Y Srilakshmi before Ugadi festival, the special court for CBI cases on Thursday dismissed her bail petition.Srilakshmi was arrested in a case relating to illegal mining by Obulapuram Mining Company, owned by former Karnataka minister Gali Janardhan Reddy.Srilakshmi filed the bail petition after the Supreme Court asked her to approach the special CBI court for bail.Though Srilakshmi’s counsel contended that Section 409 (criminal breach of trust) does not apply and she can be released as she had been in judicial remand for more than 60 days, the CBI opposed the same.The CBI had been opposing that it is yet to complete its investigation and would file a chargesheet against the IAS officer before March 31.The CBI also said that it had crucial evidence against Srilakshmi for issuing GOs favouring the OMC.Further, Srilakshmi’s appeal before the Supreme Court against the High Court cancelling her bail would also come up for orders on April 2.
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