YSR Congress party leader Y.S.Jaganmohan Reddy appeared before CBI on the charges of misappropriate assets case on the third consecutive day.
Jagan Reddy appeared before C.B.I camp office at 10.30 a.m. and was accompanied by Congress MP Sabbam Hari and congress legislature Alla Nani and S. Krishna Rao. It is noted that CBI questioned Jagan on Friday and Saturday for over seven hours.
The agency is grilling Jagan as to how his wealth increased dramatically after his father Y.S. Rajasekhara Reddy became the chief minister in 2004. The 40-year-old last year declared that he owns assets of Rs.356 crore.
Agency has also grilled industrialist Nimmagadda Prasad and bureaucrat K.V. Brahmananda Reddy whose 10-day CBI custody is ending today. During the last two days, the CBI questioned Jagan, Venkataramna, Prasad and Brahmananda Reddy individually as well as together.
Agency is likely to question Jagan in the presence of Vijay Sai Reddy who is right now on bail. Agency believes that Jagan conspired with his father to dole out facours to certain companies in return for the investments they made into his firms. Jagan will appear in the CBI court on Monday.
It is noted that Jagan has blamed Congress and Telugu Desham Party that both the parties have deliberately conspire to eliminate the rising of third force in Andhra Pradesh.
(With inputs from IANS)
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