Jagan net cast worldwide: CBI

Sep 12, 2012 |

New Delhi

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Y.S. Jagan Mohan Reddy

New Delhi, Sept. 11: Claiming that the trail of alleged investments extended not only to different states but also several countries, the CBI today moved the Supreme Court strongly opposing bail to YSR Congress chief Y.S. Jagan Mohan Reddy. In an affidavit settled by senior counsel Ashok Bhan, the CBI alleged that Mr Reddy had enriched himself to several thousands of crores rupees illegally by using influence of his father and granting him bail at this juncture would erode public confidence in the administration of justice.

“The respondent submits that the case against the petitioner A-1 (Jagan) and other accused has a large magnitude not only confined to AP, but also extends to the states of Maharashtra, Karnataka, West Bengal, Delhi and several foreign countries. “Therefore the public perception in the rule of law and majesty of justice will suffer dilution. In the present case, the petitioner and other accused have impoverished the state exchequer with several thousand crores and the petitioner in particular has enriched himself to a large magnitude only through resorting to illegal and corrupt methods.

“In a short span of time, the petitioner herein has enriched himself to several thousands of crores illegally and by subversion of the system,” the CBI claimed. The affidavit was filed in response Mr Reddy’s plea for bail in the DA case being probed by the CBI and the ED.

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