Jagan Bail Plea

Apex court turns down Jagan's bail plea

 

 

Supreme Court has rejected the bail of prime accused in illegal assets case Jaganmohan Reddy. The hopes and prayers of his followers and fans went in vain. It may be noted that CBI counsel submitted the details of the case to the Supreme Court today and argued that the investigation into illegal assets case was underway.

The counsel even stressed that several big wigs were involved in this case. Further, the counsel mentioned as to how funds were diverted from Luxemburg to Mauritius. And CBI has complete substantial evidences to prove the same, argued the counsel. Also it was told that Jaganmohan Reddy exerted pressure on the then government to ensure that companies such as Sundur, Bharati, Penna and Dalmia get benefits. The CBI counsel finally argued that some more time would be required to complete the investigation. The court, which heard these arguments, has finally turned down the bail petition of Jaganmohan Reddy.