Hyderabad: A day after Jaganmohan Reddy was granted bail in the disproportionate assets case, the YSR Congress chief, Tuesday, stepped out of the Chanchalguda Central Jail. Shortly after he walked out of the prison gates, Jagan waved to hundreds of his supporters who had converged to catch a glimpse of their leader. However, Jaganmohan cannot leave Hyderabad without the court’s permission. He also has to present himself before the court during the proceedings in the case.
Special Central Bureau of Investigation (CBI) court judge U Durgaprasada Rao had granted bail to Jaganmohan Reddy on a personal bond of Rs two lakh and two securities of the like amount.
The court said CBI can approach for cancellation of bail if Jaganmohan violates any of these conditions. The 40-year-old son of late chief minister YS Rajasekhara ReddyJagan was arrested by the CBI May 27 last year. The premier investigative agency has filed 10 chargesheets in the DA case against Jaganmohan Reddy so far, the last two on September 17. Several former and serving ministers and bureaucrats are also accused in the case. The case relates to alleged investments made by private firms and individual investors in Reddy’s companies in return for the favours they received when his father YSR was the chief minister between 2004-09. Jagan’s father died in a helicopter crash in September 2009, a few months after he led Congress party to a second consecutive term in power. Following differences with Congress leadership, Jagan quit the Congress party in 2010 and floated the YSR Congress.
The Andhra Pradesh High Court in 2011 ordered CBI investigations into Jagan’s alleged illegal assets when Congress leader P. Shankar Rao wrote a letter to the chief justice. Later, YSRC spokesman Ambati Rambabu expressed full faith in the judiciary and said their leader will come out clean after the trial. Reacting on the development, the BJP alleged CBI, apparently under pressure from Congress, has made a mockery of the judicial system in Jagan’s disproportionate assets case by keeping him in custody for 16 months but now letting him be freed on bail with little protest. TDP chief N Chandrababu Naidu alleged a “match-fixing” between YSR Congress and Congress.”The way bail was granted to him and the manner in which the charge sheet against him was diluted only show that there is a clear understanding between YSR Congress and Congress,” he told reporters.
Bureau Report
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