Jagan's DA case : Another supplementary chargesheet filed

Jagan, Vijay Sai Reddy's remand extended till July 1

The CBI has so far filed five chargesheets and two supplementary chargesheets against Jagan

Hyderabad: The Central Bureau of Investigation (CBI), which is probing the quid pro quo investment case against YSR Congress Party (YSRCP) president Y S Jaganmohan Reddy, filed one more supplementary chargesheet on Monday.

It is a supplementary chargesheet to the second chargesheet filed by the CBI in April 2012, having additional evidence (statements of witnesses) to make V Vijay Sai Reddy, an accused in the case and also an auditor of the Kadapa MP, over his role in the transactions, CBI sources said.

Jaganmohan Reddy, his auditor Vijay Sai Reddy and Jagati Publications (owned by the YSR Congress leader) are the accused, charged under relevant sections of the Indian Penal Code in the second chargesheet. According to the second chargesheet, several investors were lured into making investments in Jagati Publications at high premiums allegedly through 'exaggerated and falsified' valuation reports at the behest of Vijay Sai Reddy.

So far, the CBI had filed five chargesheets and two supplementary chargesheets against Jaganmohan Reddy and other accused, naming three State ministers in connection with the case relating to alleged quid pro quo investments in the Kadapa MP's companies. The CBI has alleged that Jagan, along with his father and former chief minister Y S Rajasekhara Reddy and Vijay Sai Reddy, hatched a conspiracy to defraud the government along with other accused.

Meanwhile, the court extended the remand of Jagan, Vijay Sai Reddy, former minister Mopidevi Venkatramana Rao, industrialist Nimmagadda Prasad and other accused till July 1. Former minister Dharmana Prasada Rao also appeared before the court.