YS Jagan gets bail

16 months & 10 charge-sheets, yet CBI doesn’t find any quid pro quo!

• CBI tells Special Court investigation completed
• Court grants conditional bail

• To walk out of Chanchalguda jail today
• Court asks him not to leave Hyd sans its nod
• He is directed not to interfere with probe
• He is also asked to appear before court whenever summoned
• Bail on Rs 2 lakh personal bond and two sureties of equal amount
• The CBI could approach the court for cancellation of bail
• CBI arrested him on May 27 last year after HC asked
• it to probe his assets beyond his known sources of income
• The CBI has so far filed 10 charge-sheets in the case
• He was denied bail six times by various courts

Hyderabad: After spending 16 months in jail, YSR Congress Party president YS Jaganmohan Reddy got a big relief on Monday as the Special Court for CBI cases granted him conditional bail. The Judge, U Durga Prasad Rao asked Jagan to furnish two surety bonds for Rs 2 lakh each and two additional sureties from two other persons. Jagan was also asked to surrender his passport and not to leave Hyderabad until further orders issued.

The issue of bail followed the CBI submission before the special court that the investigation into the investments routed to companies floated by Jagan, taken up at the behest of the High Court, was completed. The CBI also informed the special court that there was no evidence to prove quid pro quo deals with companies such as Sandur Power, Jubilee Media Communications, Mantri Developers, Caramel Asia, PVP Business Ventures, Classic Reality, Brahmani Infratech , R R Global and Sarawati Power.

As the CBI declared that the investigation phase of the case was over, Jagan’s lawyer Sushil Kumar contended that bail was the fundamental right and Jagan should be considered for grant of bail. He argued that Jagan should not be deprived of bail even after spending 16 months in jail, just because of his stature.

The conditions set by the court while granting the bail were that he should “not directly or indirectly make any inducement, threat or promise to any person acquainted with the facts of the case so as to dissuade him to disclose such facts to the court” and he should not leave Hyderabad without prior permission of the Court.

The petitioner should appear before the court on the days fixed for hearing of the case without fail. He may remain absent only in unavoidable circumstances and with the permission of court. The CBI would have the liberty to make proper application for cancellation of the bail of the petitioner violated any of the conditions imposed by the court.

Jagan to come out today

Jagan will be released on bail from the jail on Tuesday after executing a bond for Rs 2,00,000 with two sureties each for like sum to the satisfaction of the court. The formalities would be fulfilled on Tuesday morning to secure his release said the YSRCP sources.

The investigating agency CBI has filed 10 charge-sheets against Jagan and others who are allegedly involved in Jagan’s disproportionate assets case. CBI also informed the court last week that it had completed investigation in the Jagan case. It had alleged in the charge-sheets that the investments in Jagan companies were made as a ‘quid pro quo’ for government favours when his father YS Rajasekhara Reddy was the Chief Minister during 2004- 09. Jagan’s wife YS Bharathi and his supporters all present in the court had tension filled moments before the judge pronounced bail to the YSR party leader.

Jagan was arrested by the CBI on May 27, 2012, and has been lodged in Chanchalguda Central Jail in Hyderabad since then. Earlier on May 9, the Supreme Court said Jagan could apply for bail only after the final charge-sheets are filed by the CBI into the cases.

Jagan case: Timeline

October 30, 2010 : Congress MLA Shankar Rao wrote a letter to the High Court against investments in Sakshi TV and Sakshi News Paper.

January 24, 2011 : High Court accepted Shankar Rao's letter as petition suo motu. Issued notices to Jagati Publications and Jagan as respondents.

January 31, 2011 : More evidence submitted to High Court demanding confiscation of his assets.

February 9, 2011 : Shankar Rao filed affidavit with 333 pages of additional evidences to High Court .

March 14, 2011 : TDP leaders K Yerran Naidu, P Ashok Gajapathi Raju and Byreddy Rajasekhar Reddy filed a petition in the High court against Jagan’s alleged disproprotionate assets case .

April 8 2011 : Shankar Rao claimed that allegations on Jagan made on instructions by Sonia Gandhi.

July 11, 2011 : HC bench headed by Justice Nissar Ahmed Kakru has issued directives to CBI to preliminary probe and asked to report in sealed cover within two weeks. Jagan’s institutions approached the SC against the HC order, but it was set aside by saying that it was just a preliminary probe.

July 22, 2011 : Supreme Court rejected stay on High Court orders.

July 26, 2011 : CBI submitted its sealed cover report to the HC within two weeks. Jagan’s lawyers asked for a copy of the report, but the HC declined.

August 1, 2011 : CBI submits second affidavit.

August 4, 2011 : Arguments end, judgement postponed.

August 10, 2011 : High Court directed CBI to go in for full fledged probe into EMAAR and the Jagan asset case.

August 17, 2011 : CBI filed FIR against Jagan besides naming his father and former Chief minister YS Rajasekhara Reddy

August 30, 2011 : ED registers case against Y S Jaganmohan Reddy.

November 4, 2011 : Jagan appears before CBI in Gali Janardhan Reddy mining case.

January 2, 2012 : CBI begins probe. Auditor Vijayasai Reddy, who was questioned by CBI many times, was arrested. It filed a chargesheet alleging allotment of land In the pharma SEZ for Arabindo and Hetero Drugs. Filed two more chargesheets and arrested Vanpic chairman Nimmagadda Prasad. Jagan has not been questioned till the three chargesheets are filed.

January 25, 2012 : Sunil Reddy arrested in EMAAR case.

March 12, 2012 : Supreme Court accepts petition filed by advocate Sudhakar Reddy on 26 GOs issued during YSRs regime.

May 14, 2012 : The special CBI court issued notices to Y S Jagan asking him to appear for the hearing of the first Chargesheet.

May 24, 2012 : CBI court rejects anticipatory bail application. Minister Mopidevi arrested.

May 25, 2012 : CBI issued summons to Jagan to attend for an enquiry. He attended before the CBI on the first day.

May 26, 2012 : Jagan appeared before the CBI on the second day.

May 27, 2012 : Jagan attended for the third day. The CBI announced in the mid-night that Jagan was arrested.

May 28, 2012 : Jagan was produced in court, remanded for 14 day judicial custody.

May 29, 2012 : CBI court rejects charge sheet saying that it was not in order. Petition filed saying arrest was irregular.

June 1, 2012 : CBI court rejects bail application.

June 2, 2012 : CBI court permits 5 day CBI custody of Jagan.

June 11, 2012 : Court remands Jagan upto June 25.

June 21, 2012 : Petition filed in high court seeking Jagans bail.

July 3, 2012 : Additional charge sheet to first charge sheet filed by CBI.

July 4, 2012 : High Court rejects bail petition.

July 9, 2012 : Bail petition filed in Supreme Court.

July 13, 2012 : ED questions Jagan in Jail.

July 28, 2012 : Jagan files bail application in Supreme Court with additional information.

August 9, 2012 : Supreme rejects petition questioning arrest by CBI.

August 13, 2012 : Fourth charge sheet filed by CBI. Minister D Prasada Rao named as accused number 5.

October 4, 2012 : Rs 51 crore worth assets attached by ED.

October 5, 2012 : Supreme Court says apply for bail after CBI probe was over.

Nov 28, 2012 : Jagan Statutory bail petition rejected by CBI court.

December 3, 2012 : Six ministers and seven officials file affidavit in Supreme Court that they had not violated any rules

December 5, 2012 : Challenging rejection of bail by CBI court filed in High Court.

January 8, 2013 : ED announces attachment of Rs 10 crore fixed deposits and property worth Rs 143 crore pertaining to Ramky pharma.

January 24, 2013 : High Court again rejects bail plea.

April 12, 2013 : Another bail petition alleging that CBI was filing additional chargesheets in violation of Supreme Court direction.

May 9, 2013 : Supreme Court rejects bail petition, asks Jagan to apply for bail after the probe was over.

May 31, 2013 : ED third attachment of Rs 34.66 crore pertaining to Jagati Publications.

June 7, 2013 : CBI Joint Director V V Laxminarayna transferred.

Sept 10, 2013 : CBI files three more charge sheets.

Sept 11, 2013 : Petition for bail on the grounds that time given to CBI for probe was over.

Sept 17, 2013 : CBI files two more charge sheets.

Sept 23, 2013 : Bail granted by CBI court.