Illegal assets case: CBI completes probe on corporates' role

Our Bureau Updated - June 20, 2013 at 08:59 PM.

The Central Bureau of Investigation (CBI) has completed investigation into the alleged role of corporates in the illegal assets of Kadapa MP and YSR Congress Party Chief Y S Jaganmohan Reddy.

This was disclosed by the investigating agency in its submission to the special court for CBI here on Thursday.

As on today, the probe was completed in the three charge sheets filed by the CBI in the case since last year. Many big corporates including Aurobindo Pharma, Ramky Infra and Hetero Drugs were named in the charge sheet for illegally investing in firms belonging to Reddy in quid pro quo basis.

So far CBI had filed five chargesheets in the case. The probe into the remaining two chargesheets was in progress, the court was informed.

CBI took up investigation into the alleged illegal assets of Reddy following a direction from Andhra Pradesh High Court. Reddy was arrested in May last year and under judicial remand since then.

naga.gunturi@thehindu.co.in

Published on June 20, 2013 15:29